Last update: 23.07.2024 01:18 (GMT+3)

In 2001 JSC "Kaija" has made a net profit of LVL 287,026

29.01.2002, , RIG



In 2001 JSC "Kaija" has made a net profit of LVL 287,026 (non-audited),
which is 2.4 times the profit of 2000 (LVL 117 thousand).
Company sales in 2001 amounted to LVL 11.168 million, which is a 34%
increase over the sales figure of 2000. Costs of goods sold, compared
to 2000, have grown by 40%, amounting to LVL 9.764 million.
In 2001 the Company main sales were in the domestic market as well as
in Russia, Kazakhstan, Uzbekistan and other Central European countries.
The main product is preserves. The Company provides 700 jobs.
JSC "Kaija" balance sheet total as of December 31 was LVL 7.269, which
is a 30% increase over the same date in 2000, or a 7% decrease over
end-November. Company equity as of end-December was LVL 3.676, which is
8.2% increase over the same date in 2000, or, a 3% increase over
end-November.
In December of 2001 the Company net sales amounted to LVL 1,582,754 -
which is a 66% increase over the previous month, while cost of goods
sold have increased by 68% and amounted to LVL 1,373,572.
Calculated on non-audited results for the year, ROE is 9.6%, ROA 5.15%,
and EPS in at the end of December was LVL 0.06.

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