Baltic, Good for Business, Markets and Companies
International Internet Magazine. Baltic States news & analytics
Wednesday, 13.11.2024, 06:40
Consolidated profit of Narvesen in 2011 – LVL 1.12 mln
Nina Kolyako, BC, Riga , 25.05.2012.Print version
The retail trade company Narvesen Baltija Ltd. earned LVL 1.12 million in consolidated profit in 2011, according to the Register of Enterprises' Lursoft database.
In 2010, the concern operated with LVL 45,112 in losses.
Narvesen Baltija achieved LVL 57 million in consolidated turnover last year, compared to LVL 53.9 million in 2010, writes LETA.
The parent company of Narvesen Baltija last year operated with LVL 947,661 in profit, and achieved LVL 24.54 million in turnover.
"Preses serviss" kiosks, which are part of the Narvesen Baltija concern, posted LVL 16.14 million in turnover last year, which is 3.18% less when compared to 2010.
Profit of "Preses serviss" last year was LVL 330,381, compared to LVL 129,531 in 2010.
The Narvesen group owns 242 kiosks and shops in Riga and throughout Latvia.