Liepājas metralurgs                                             28.01.2005.



JSC “Liepājas metalurgs” performance in 2004



Hereby be informed that economic activity of the joint stock company 

“Liepajas metalurgs” during the year 2004 was very successful. According to the 

non-audited data net turnover of the joint stock company could be almost 150 

million LVL. This increase was as a result of growth in all kinds of production 

(for almost 25%), the rest increase is more due to the changes of ferrous metal 

prices in the world market. Profit of the joint stock company for the year 2004, 

compared to the previous year, has doubled. 

The information given to mass media on January 27, 2005 was inadequate therefore 

we apologize for this incorrectness.                

 

Chief Economist 

Joint stock company 

“Liepajas metalurgs”

B.Imbovica