OREANDA-NEWS. June 01, 2015. The action type of the Joint Stock Company “KURZEMES ATSLEGA 1” has not changed during the 1st quarter of 2015 in comparison with previous periods of time: door locks, ironware, furniture fittings, forged products, production tools etc. are still being produced.

Net turnover has reached 490456 EUR in the 1st quarter of 2015 which is down by 99185 EUR or 16.8% in comparison with the same period of the last year. The first quarter of 2015 has finalized with losses in amount of 27538 EUR.

Loses per stock 31.03.2015 -0.02 EUR

Average number of employees during the 1st quarter of 2015 is 96.

   Average number of employees during the 1st quarter of 2014 was 104.     

Volume of sold production divides as follows:

  • sold in local market (Latvia) – 47.4 %,
  • export – 52.6 %
States In 3 months of the 2015
EUR		  
%		 In 3 months of the 2014
EUR		  
%
Latvia 232734 47.4 256749 43.5
Lithuania 98441 20.1 110647 18.8
Uzbekistan 70673 14.4 94768 16.1
Belize 0 0 58125 9.9
Estonia 53845 11 38508 6.5
Russia 15599 3.2 20036 3.4
Denmark 10530 2.1 8600 1.4
Germany 8634 1.8 0 0
Finland 0 0 2208 0.4
Total 490456 100 589641 100

To ensure financial risk management JSC “Kurzemes atslega 1” follows-up the liquidity, regularly controls the cash flow of the enterprise.