Grobina: JSC "Grobina" unaudited financial report of first 9 months, 2018

Dubeni, Grobina parish, Grobina district, LV-3438, Latvia, 2018-11-30 11:50 CET
(GLOBE NEWSWIRE) --
 The company's net turnover of first 9 months of 2018 is 2 281 936 EUR. In this
period there were realised 118 537 mink skins. JSC "Grobina" management is
cooperating already  from 2017  up to now with Canadian auction house NAFA
regarding to financing of mink kits fattening, this allows to the company to
ensure normal business activity, in accordance with Legal Protection
Proceedings plan of auction. With 29th of March 2018 Liepaja court decision
there were approved amendments in JSC "Grobina" with Legal Protection
Proceedings plan of auction, thereby the term of Legal protection Proceedings
is prolonged till 30th of June 2020. In January 2018 and in April 2018 JSC
"Grobina" management has signed cooperation agreement with Canadian auction
house NAFA, this allowed to JSC "Grobina" to increase the breeding herd in the
year 2018, in result the company has significantly increased production volumes
starting with year 2018, this will make positive influence to cost price of fur
skin. 




         JSC "Grobina"
         Chairman of the Board
         Gundars Jaunsleinis

Attachment:
https://cns.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=701589