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"Valmiera Fiberglass" profit in first two months at LVL 250,500 : building.lv - par būvniecību Latvijā

"Valmiera Fiberglass" profit in first two months at LVL 250,500

The joint-stock company "Valmieras stikla skiedra" (Valmiera Fiberglass) posted LVL 250,500 in net profit in the first two months of 2005, which is equal to 10.25 percent of the company^apostrofs;s profit projected for this year, LVL 2.443 million, according to the company^apostrofs;s report submitted to the Riga Stock Exchange.

The joint-stock company "Valmieras stikla skiedra" (Valmiera Fiberglass) posted LVL 250,500 in net profit in the first two months of 2005, which is equal to 10.25 percent of the company's profit projected for this year, LVL 2.443 million, according to the company's report submitted to the Riga Stock Exchange.

Gross sales of "Valmiera Fiberglass" products amounted to LVL 5.15 million at end-February, compared to a LVL 5.22 million projection.

The company's net profit in January and February of 2004 was LVL 435,900, almost double from profit in the respective period of 2003.

The company's net sales in the first two months of 2004 stood at LVL 4.44 million - 46.5 percent more than in the first two months of 2003.

The company's turnover in 2004 amounted to LVL 26.78 million, net profit stood at LVL 1.914 million.

The company employed 979 workers at end-June 2004, and its shares are traded on the RSE Second list.



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