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JSC Latvijas balzams announces unaudited year results of 2019

LB Q4 finanses

The unaudited net turnover of the Company in the year 2019 reached EUR 78.6 million, 4.6% up against 2018, due to higher orders and sales volumes from key customers and markets, especially Amberbev International Ltd (previously DDE Holding Ltd), which provides unified service for international customers of Amber Beverage Group, as well from sales to Bennet Distributors UAB. The unaudited profit has reached EUR 10.05 million, which is 7% more than in 2018 as the result of increased sales volumes and high level of other Income from additional services.

More information: For investors.