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Computer hardware dealer Also Latvia increases turnover, but reduces profit in 2014
BC, Riga, 23.04.2015.
Print version
Print versionComputer hardware dealer Also Latvia increased its turnover by 28% in 2014, while the company's profit reduced by 15%, according to "Firmas.lv" data, cites LETA.
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Last year, Also Latvia turned over EUR 55.6 million, which is 28% more than in 2013, when the company turned over EUR 43.5 million.
According to "Firmas.lv" information, the company earned EUR 286,839 in 2014, which is 15% less than in the year before, when the profit reached EUR 337,610.
According to Also Latvia management report, the company's operations last year were influenced by foreign currency fluctuations. This year, the company plans to further increase turnover, expecting that the role of technology industry in Latvia, the company's client base, and trust in the company will provide the anticipated return.
As of 2013, the company's shareholder is the Swiss-based Also-Actebis Holding AG. Also Latvia was founded in 1995.
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