Latvia, Technology, Telecomunications

International Internet Magazine. Baltic States news & analytics Saturday, 20.04.2024, 15:34

VEF Radiotehnika RRR reports 1.6% drop in turnover in H1

BC, Riga, 01.09.2015.Print version
Latvian joint-stock electrical appliances company VEF Radiotehnika RRR operated with EUR 227,750 in losses in the first half of the year, reports LETA, according to the company's financial report submitted to NASDAQ OMX Riga.

In the first half of 2014, VEF Radiotehnika RRR operated with EUR 226,661 in losses.

 

In the first six months of the year, the company achieved EUR 399,277 in turnover, which was 1.6% less when compared to the first half of 2014.

 

VEF Radiotehnika RRR produces acoustic sound systems, television accessories, electronic units and networks.

 

As reported, VEF Radiotehnika RRR posted EUR 621,071 in losses last year.






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