Siguldas CMAS JSC Unaudited financial information for the first three months of the year 2022

In the first three months of 2022 net turnover was 364.6 thousand euros, showing an increase of 15.3% against the corresponding period in 2021, whereas profit before taxes was 87.6 thousand euros – by 44.1 thousand euros higher compared to the corresponding period in 2021.At present, the restrictions that have entered into force in connection with the war in Ukraine have not affected the Company's operations, nor is there a decrease in cash flow. The management of the Company believes that...

Siguldas novads, 26/05/2022 (informazione.news - comunicati stampa - cibi e bevande)

In the first three months of 2022 net turnover was 364.6 thousand euros, showing an increase of 15.3% against the corresponding period in 2021, whereas profit before taxes was 87.6 thousand euros – by 44.1 thousand euros higher compared to the corresponding period in 2021.

At present, the restrictions that have entered into force in connection with the war in Ukraine have not affected the Company's operations, nor is there a decrease in cash flow. The management of the Company believes that the introduced restrictions will not significantly affect the Company's operations.

PROFIT OR LOSS ACCOUNT

JSC 'Siguldas ciltslietu un mākslīgās apsēklošanas stacija' is one of the largest high-quality breeding bull semen producers and suppliers in Latvia. The second largest field of the Company's basic economic activities is milk testing services. The Company also provides other breeding related services – consultations on issues of cattle breeding, feeding and keeping, evaluation of cow exterior, artificial insemination of cows, initial processing of the monitoring data.

Valda Mālniece

Member of the Management Board, Manager of the Financial and Accounting department

E-mail: valda.malniece@sigmas.lv

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