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JSC Latvijas balzams announces unaudited year results


The unaudited profits of JSC Latvijas balzams (Company) for the reporting period are EUR 9.38 million, which represents a 9% increase from the year 2017. In the same time, the unaudited turnover of the Company for the year 2018 reached EUR 75.1 million, which is 4% less than in 2017.

JSC Latvijas balzams is one of the largest local taxpayers. During the reporting period, the Company paid EUR 64.3 million into the state budget, including excise tax, which amounted to EUR 48.7 million

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