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Klaipedos Baldai sales fell over year
Petras Vaida, BC, Vilnius, 13.11.2010.
Print version
Print versionOverall sales of Lithuania-based furniture producer Klaipedos Baldai during January - September 2010 reached 114.586 million litas, compared to 130.077 million litas in the corresponding period of 2009, Klaipedos Baldai reports to NASDAQ OMX Vilnius.
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The earnings before taxes were 3.42 million litas during January - September 2010.
In the corresponding period of 2009 earnings before taxes were 2.995 million litas.
Gross profit margin for January - September 2010 reached 4.76 percent and exceeded forecast for 2010 by 0.26 percentage points. The company's management expects to achieve annual targets and does not adjust planned annual forecast, LETA reports.
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