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International Internet Magazine. Baltic States news & analytics Monday, 05.05.2025, 08:07

Draugiem.lv increased turnover by 5% in 2012; profits down by 3%

BC, Riga, 01.08.2013.Print version
Last year, the popular Latvian social networking portal Draugiem.lv, owned by the company Draugiem Ltd., posted LVL 386,303 in profit, which is slightly less compared to 2011, when the company posted LVL 389,105 in profit, informs LETA/Nozare.lv, referring to the company's annual report.

Draugiem Ltd. achieved LVL 4.14 million in turnover last year, which is five percent more than in 2011, when it achieved LVL 3.94 million in turnover.

 

The social networking portal, which began operation in 2004, has over two million registered users at the moment.






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