Financial Services, Latvia, Metals Market

International Internet Magazine. Baltic States news & analytics Wednesday, 17.06.2026, 20:59

Liepajas metalurgs first half profit at LVL 2.2 million

Elita Kerska, BC, Riga, 12.08.2011.Print version
The joint-stock metallurgical company Liepajas metalurgs posted LVL 2.2 million in profit in the first six months of 2011, according to the company's financial report to the Riga Stock Exchange.

The company suffered LVL 7.7 million in losses over the same period last year.

Liepajas metalurgs net turnover in the first half of 2011 amounted to LVL 122.1 million, which is significantly more than in the respective period of time last year, when the company's turnover reached LVL 80.85 million.

 

As reported, Liepajas metalurgs posted LVL 6.4 million in losses in 2010, according to the company's unaudited consolidated report to the Riga Stock Exchange.

 

Liepajas Metalurgs group unites several enterprises operating in the sectors of metallurgical production, transport, sports and medical services, LETA/NOZARE.LV reported.






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