Good for Business, Latvia, Markets and Companies
International Internet Magazine. Baltic States news & analytics
Saturday, 20.04.2024, 04:08
Oriflame Latvija posts profit in 2014
BC, Riga, 28.05.2015.
Print version
Print versionThe direct selling company Oriflame Latvija managed to escape losses in 2014, reports LETA, according to Firmas.lv information.
 |
|---|
The company's profit last year was EUR 82,234, while in 2013 the company suffered losses in the amount of EUR 409,118. In 2012, the company's losses reached EUR 528,012. Meanwhile, the turnover reduced 17% last year – from EUR 3.64 million in 2013 to EUR 3.01 million in 2014.
Oriflame Latvija’s management report says that the company will keep focusing on its activities in direct selling in wake of the growing competition. The company's board believes that 2015 will be a successful year for Oriflame Latvija.
Oriflame Latvija was founded in 1992. The company's share capital is EUR 2,220,889. Oriflame Latvija fully belongs to the Netherlands-based Oriflame Holdings B.V..
«The Baltic Course» Is Sold and Stays in Business!
