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LMT Retail&Logistics posts a twofold increase in profit in 2014
BC, Riga, 16.06.2015.
Print version
Print versionIn 2014, mobile communications operator and digital electronics dealer LMT Retail&Logistics increased its profit almost twofold, earning EUR 2.88 million, as compared with EUR 1.56 million in 2013, according to "Firmas.lv" information, reported LETA.
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The company's turnover last year decreased by 2 percent, reaching EUR 44.7 million, while in 2013 it was EUR 45.9 million.
LMT Retail&Logistics management report says that last year, the company expanded its operations also outside the territory of Latvia - the company's market share in Estonia's after-sales service industry has reached almost 50 percent.
In 2015, the company plans on significantly increasing its 4G device sales, as well as to develop its sales strategy and increase profit indicators.
LMT Retail&Logistics sells communication devices and accessories. The company also provides services to clients of Latvijas Mobilais telefons (LMT).
LMT Retail&Logistics fully belongs to LMT.
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