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Tuesday, 23.04.2024, 14:41
Baltic Mill raises FY consolidated profit 3.6 times
BC, Vilnius, 01.09.2016.
Print version
Print versionConsolidated net profits of Baltic Mill, the Baltic milling group, stood at 852,000 euros in the past financial year, up by a factor of 3.6, from 238,000 euros, in the year before, Baltic Mill informs in a statement to the Nasdaq Vilnius stock exchange.
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In the past financial year, which starts
on July 1 and ends on June 30 the following year, the group's consolidated revenue
from sales went up by 5.2% to 56.39 mln euros,
Baltic Mill controls Malsena Plius (99.75%) and Amber Pasta (50%) in Lithuania, as well
as Latvia's Rigas Dzirnavnieks (96.08%)
and Estonia's Balti Veski (100%).
Amber Trust II, a fund investing in the Baltic countries, holds a 64.75%
stake in Baltic Mill.
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