Latvia“s Valmieras Stikla Skiedra (Valmiera Fiberglass) had a gross turnover of 1.82 million lats (US$ 3.06 million) in January, according to chief accountant Dzintars Rudzitis.
Rudzitis said the ne…
Latvia“s Valmieras Stikla Skiedra (Valmiera Fiberglass) had a gross turnover of 1.82 million lats (US$ 3.06 million) in January, according to chief accountant Dzintars Rudzitis. Rudzitis said the net turnover in January was some 1.06 million lats. In 1999, the company had the biggest turnover during the period between June through October – 1.3-1.6 million lats, which is related to activization of construction season, he said. Valmiera Fiberglass hopes to earn 600,000 lats this year on a turnover of 13.8 million lats. The company posted an unaudited profit of 600,000 lats on a turnover of 13.3 million lats. Valmiera Fiberglass shares are quoted on the second list of the Riga Stock Exchange, the Latvian Central Depository of Securities lists 11.49 million shares in the company.