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International Internet Magazine. Baltic States news & analytics Thursday, 25.04.2024, 08:39

Daugavpils lokomotivju remonta rupnica earns LVL 446,924 in profit in H1

Alla Petrova, BC, Riga, 23.08.2012.Print version
The joint-stock locomotive repair factory Daugavpils lokomotivju remonta rupnica (DLRR) achieved LVL 446,924 in profit in the first half of 2012, 22.6% more than in the respective period in 2011, according to the company's un-audited consolidated report submitted to NASDAQ OMX Riga.

In the first half of 2011, the company posted LVL 364,435 in profit.

 

In the first six months of 2012, DLRR turned over LVL 8.65 million, 6.8% more than in the corresponding period in 2011, when the company's turnover reached LVL 8.1 million, writes LETA.

 

DLRR sales amounted to LVL 8.52 million in the first half of 2012, a 6.8% increase on the first half of 2011. Diesel locomotive repairs accounted for the largest share of the company's sales – LVL 6.9 million.

 

In the first half of 2012, 63% of the company's production was sold in Russia, 15.8% – in Estonia, 10.7% – in Latvia.

 

As reported, in the first quarter of 2012, DLRR operated with LVL 308,755 in profit, 220.4% more than in the respective period in 2011, when the company earned LVL 96,370 in profit. In the first three months of 2012, the company's turnover amounted to LVL 3.2 million, 21.3% less than in the first quarter of 2011, when the company's turnover reached LVL 4.07 million.






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