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International Internet Magazine. Baltic States news & analytics Friday, 29.03.2024, 08:29

Kesko Senukai Lithuania revenue dropped by 13% in Belarus in 2016

BC, Vilnius, 11.07.2017.Print version
Kesko Senukai Lithuania-controlled Romos Holdingas, the operator of the Oma chain of building materials and tools in Belarus, in 2016 saw its consolidated revenue drop by 13% to 101.296 million euros, down from 116.404 million euros in 2015, informs LETA/BNS.

Audited consolidated net profits plunged by 39.1% to 7.645 million euros, the company said in its 2016 annual report filed with the Center of Registers.

 

The group's wholesale revenue fell by 20.8% and its retail revenue went down by 9.2% to 71.4 million euros.

 

Kesko Senukai Lithuania, the operator of a building and home improvement supplies chain in the Baltics, holds 50% plus one share in Romos Holdingas, and Romos Prekyba, a company of Kesko Senukai Lithuania, owns the remaining shares.

 

Kesko Senukai Lithuania is owned by Finland's Kesko and the Rakauskas family.

 






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