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Wednesday, 01.05.2024, 23:54
Gemoss turnover up 7.5%, profit down 17.7% in 2017
BC, Riga, 10.09.2018.
Print version
Print versionCompany Gemoss, which sells bar, restaurant and hotel equipment and imports nuts and dried fruit, posted 25.04 mln euros in turnover last year, which is 7.5% more than in 2016, while the company's profit decreased 17.7% to 1.493 mln euros, informs LETA.
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Gemoss'
management report says that the company's positions in all market segments were
consolidated last year and Gemoss
also introduced new brands, Just Nature
and Cake N Bake. The company's store
in Liepaja was moved to new, better premises.
The company is planning to continue current operations and to expand the
range of products it sells, including the range of biological products. Gemoss is also planning to expand into
new foreign markets this year, keeping turnover and profit at last year's
level.
Gemoss turnover
in 2016 amounted to 23.291 mln euros and profit to 1.814 mln euros.
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