Company's net turnover in the nine months of 2017 was 843.3 thousand euros,
showing an increase of 3.5 % against the corresponding period in 2016, whereas
Company's profit before taxes was 91.8 thousand euros - by 14.5 % or 11.6
thousand euros higher compared to the corresponding period in 2016.
The commercial profitability in the nine months of 2017 was 10.9 %, compared to
9.8% in the corresponding period in 2016.
Profit or Loss Account
30.09. 30.09.
2017 2016
EUR EUR
Net sales 843 815
271 026
a) from agricultural activities 843 815
271 026
Changes in stock of ready-made goods and unfinished products 14 554 12 986
Other operating income 30 008 19 063
Costs of materials: (380 (350
694) 401)
a) raw materials and auxiliary costs of materials (279 (265
461) 016)
b) other external costs (101 (85
233) 385)
Personnel costs: (337 (340
659) 307)
a) salaries for work (268 (270
301) 403)
b) state social insurance compulsory contributions (60 (60
177) 845)
c) other social insurance costs (9 (9
181) 059)
Depreciation adjustments: (33 (34
983) 220)
a) depreciation adjustments of fixed and intangible assets (33 (34
983) 140)
b) depreciation adjustments of current assets which the company - (80)
considers to be above the normal write-off amounts
Other operating costs (43 (41
685) 996)
Earnings from shareholding: - 15
a) in capitals of associated companies - 15
Profit or loss before enterprise income tax 91 812 80 166
Enterprise income tax for the reporting year (13 (15
929) 885)
Profit or loss after enterprise income tax calculation 77 883 64 281
The profit or loss for the year 77 883 64 281
===============
Equity per 1 share (EPS) 0.184 0.152
JSC 'Siguldas ciltslietu un maksligas apseklošanas 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 Malniece
Member of the Management Board, Manager of the Financial and
Accounting department
E-mail: valda.malniece@sigmas.lv
Attachment:
https://cns.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=654339© 2017 GlobeNewswire
