Construction, Estonia, Real Estate

International Internet Magazine. Baltic States news & analytics Wednesday, 08.05.2024, 16:24

Merks losses at LVL 3.58 mln in 2011

Nina Kolyako, BC, Riga, 06.06.2012.Print version
The construction company Merks operated with LVL 27.79 million in turnover and LVL 3.58 million in losses in 2011, according to the Register of Enterprises' Lursoft data.

Merks turnover reduced 6.8% in 2011. In 2010, the company achieved LVL 29.81 million in turnover, 25.1% less than in 2009, when the company turned over LVL 39.81 million. In 2008, the company's net turnover reached LVL 41.5 million, writes LETA.

 

Merks earned LVL 2,090,396 in profit in 2010, compared to LVL 4,554,915 in 2009 and LVL 3,344,823 in 2008.

 

In 2010, the company's consolidated turnover amounted to LVL 30.42 million, consolidated profit – LVL 1,872,717.

 

Merks shares belong to the Estonian company Merko Ehitus.






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