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Recipe plus turned over LVL 84.46 mln in 2010/2011
Nina Kolyako, BC, Riga, 10.04.2012.
Print version
Print versionDrug wholesale company Recipe plus posted LVL 84.46 million in turnover in the company's 2010/2011 financial year, which lasted from November 1, 2010 to October 31, 2011, according to the Register of Enterprises Lursoft database.
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Compared to the previous financial year, the company's turnover dropped 3.1%. Nevertheless, Recipe plus profit grew 14.7% – from LVL 5.8 million to LVL 6.65 million, writes LETA.
Recipe plus Board Chairman Aleksejs Udacins informed that the company optimized costs and increased efficiency in 2011, maintaining high profitability.
Recipe plus export volumes grew 39%, compared to 2010. The company also became pharmacy logistics services consultant in Russia and Belarus.
In 2011, the company donated LVL 237,000 to charity and paid LVL 7.032 million in taxes.
As reported, Recipe plus was established in 1995 and is the largest drug wholesaler in Latvia.
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