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Latvian Valmiera reduces losses

Latvian Valmiera Glassfibre reported a net loss of lats 80,000 in 2000, versus a loss of lats 536,000 in 1999, in a statement through the Riga Stock Exchange on 19 April. Equity Capital in 2000 was la…

Latvian Valmiera Glassfibre reported a net loss of lats 80,000 in 2000, versus a loss of lats 536,000 in 1999, in a statement through the Riga Stock Exchange on 19 April. Equity Capital in 2000 was lats 15.326 million versus lats 14.499 million in 1999. Assets increased to lats 18.079 million versus lats 16.931 million in 1999.

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