OREANDA-NEWS. The JSC "Grindeks" submitted the non-audited consolidated financial statements of 2015 to "NASDAQ Riga". Non-audited financial results indicate that the Group's turnover in 2015 was 82.9 million euros and has decreased by 5.6 million euros or 6.3% in comparison to 2014.

In 2015, the Group's net profit, attributable to shareholders of the parent company, was 1.0 million euro in comparison to a net loss of 2.5 million euros in 2014. Gross profit margin in 2015 was 44.4% while net profit margin was 1.2%. In 2015, the Group's production was exported to 70 countries worldwide, a total of 74.4 million euros which is 8.5 million euros or 10.2% less than in 2015.

Sales volume of the final dosage forms of "Grindeks"in 2015 was 74.9 million euros and has decreased by 4.1 million euros or 5.2% in comparison to 2014. In 2015, the sales amount in Russia, other CIS countries and Georgia reached 41.5 million euros, which is by 19.0 million euros or 31.4% less than in 2014. In comparison to the previous year the biggest increase in sales volumes has been reached in Georgia (25%) and Turkmenistan (37%).

Thanks to the business diversification strategy and the development of Company's activities in new markets, the sales volume in the Baltic States and other countries reached 33.4 million euros which is by 14.9 million euros or 1.8 times more than in 2014. The sales volume in the Netherlands comparing with 2014 has increased by 14.1 times, in Norway - 3.3 times, while in Vietnam - 2.2 times and in Poland 1.8 times. In 2015, "Grindeks" started the export of the final dosage forms to France where the sales volume reached 0.5 million euros, and Canada where the sales reached 0.3 million euros. In 2015, the sales volume in Latvia reached 6.6 million euros and has increased by 1.9 million euros or 41.6% in comparison with the previous year.