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International Internet Magazine. Baltic States news & analytics Thursday, 28.03.2024, 22:51

Madara Cosmetics increased turnover by 28.3% in 2011

Nina Kolyako, BC, Riga, 15.06.2012.Print version
The popular Latvian eco-cosmetics producer and retailer Madara Cosmetics increased turnover by 28.3% in 2011, according to information available at Firmas.lv.

In 2010, the company achieved LVL 1.08 million in turnover, but in 2011 – LVL 1.39 million, writes LETA.

 

The company also increased profits by 43.7% last year, or from LVL 130,645 in 2010 to LVL 187,757 in 2011.

 

Madara offer a range of facial and skin care products, as well as various other cosmetic products, which are made in Latvia from natural ingredients and certified organic plant extracts.






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