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Share Name Share Symbol Market Type
Siguldas Ciltsliet NEX:LV0000100600-LVL NEX Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p - - - - - - - - -

Siguldas CMAS JSC Unaudited financial information for the first three months of the year 2018

24/05/2018 2:15pm

GlobeNewswire Inc.


Siguldas Ciltsliet (NEX:LV0000100600-LVL)
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1 Year : From Apr 2018 to Apr 2019

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Siguldas CMAS JSC Unaudited financial information for the first three months of the year 2018

Company's net turnover in the first three months of 2018 was 254.8 thousand euros, showing a decrease of 3.3% against the corresponding period in 2017, whereas Company's profit before taxes was 9.4 thousand euros – by 67.9% or 19.8 thousand euros smaller compared to the corresponding period in 2017.

The commercial profitability in the first three months of 2018 was 3.7%, compared to 13.0% in the corresponding period in 2017.

Profit or Loss Account

 31.03.2018EUR31.03.2017EUR
Net sales 254 784263 344
a) from agricultural activities254 784263 344
Changes in stock of ready-made goods and unfinished products27 42514 858
Other operating income(1 869)14 624
Costs of materials:(124 580)(123 363)
a) raw materials and auxiliary costs of materials(100 182)(87 135)
b) other external costs(24 398)(36 228)
Personnel costs:(110 870)(105 229)
a) salaries for work(87 168)(82 889)
b) state social insurance compulsory contributions(19 754(18 322)
c) other social insurance costs(3 948)(4 018)
Depreciation adjustments:(13 603)(12 107)
a) depreciation adjustments of fixed and intangible assets(13 603)(12 107)
Other operating costs(21 913)(17 886)
Profit or loss before enterprise income tax9 37434 241
Enterprise income tax for the reporting year-(5 043)
Profit or loss after enterprise income tax calculation9 37429 198
The profit or loss for the year 9 374 29 198
 Equity per 1 share (EPS)0.0220.069
   

JSC ‘Siguldas ciltslietu un mākslīgās apsēklošanas stacija’ is one of the largest high-quality breeding bull semen producers and suppliers in Latvia. The second largest field of the Company’s basic economic activities is milk testing services. The Company also provides other breeding related services – consultations on issues of cattle breeding, feeding and keeping, evaluation of cow exterior, artificial insemination of cows, initial processing of the monitoring data.

Valda Mālniece

Member of the Management Board, Manager of the Financial and Accounting department

E-mail: valda.malniece@sigmas.lv

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  • Siguldas_CMAS_Financial_information_for_3 months_of_2018

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