In the first seven months of this year, Valmieras Stikla Skiedr (Valmiera Fiberglass) has sold products worth 7.76 million lats (US$ 13.2 million), the company“s financial director Imants Saulitis sa…
In the first seven months of this year, Valmieras Stikla Skiedr (Valmiera Fiberglass) has sold products worth 7.76 million lats (US$ 13.2 million), the company“s financial director Imants Saulitis said. “This year“s plan has been fulfilled by 60%, which is slightly better than expected,” he said. The company posted a 1.5% rise in sales volumes in year-on-year terms. Valmiera Fiberglass is planning to earn 750,000 lats in 1999 and the target net turnover is 12.7 million lats. In the first six months of the year, Valmiera Fiberglass earned 331,107 lats on a net turnover of 6.44 million lats. In 1998 the company“s profit was 642,537 lats on a net turnover of 12.53 million lats.