TALLINNA KÜLMHOONE AS

ANNOUNCEMENT

20.11.98

 

COMMENTARY TO THE FINANCIAL RESULTS 10/98

 

1998 10 months consolidated net sales of Tallinna Külmhoone AS 

were 282.8 million EEK (1997 10 months net sales 76.6 million 

EEK). The amount of ice-cream sold during the first 10 months of 

the current year was 2766.6 tons. Compared with the same period 

last year, when 2314.4 tons of ice-cream was sold, the 

realization volume increased by 19.5% or 452.2 tons. During the 

first 10 months of the current year, 344.2 tons or 12.4% of the 

total sales of ice-cream, was exported.

 

The 10 months consolidated gross profit of Tallinna Külmhoone AS 

was 16.44 million EEK, which is 6.92 million EEK more than during 

the same period last year.

 

 

Evald Karu

Financial Manager

+372 213 369