20.10.2004, Valmieras stikla šķiedra, RIG

Riga Stock Exchange                                                            2004.20.10



JSC VALMIERAS STIKLA SKIEDRA PERFORMANCE IN 9 MONTHS OF 2004



JSC “Valmieras stikla šķiedra net sales in the first 9 months of 2004 amount to LVL 20.64 

million, which is by 34% more than in the respective 9 months of 2003 (LVL 15.43 million) and 

95.2% of the 2004 sales target (LVL 22.3 million). 

Net profit made in the first 9 months of 2004 is LVL 1 million 791.6 thousand, which exceeds 

the target for the year (LVL 1 million 396 thousand); the profit made in the respective period 

of 2003 was LVL 1 million 55.2 thousand.

Management Board will have a meeting on October 21-22, 2004, with the purpose to discuss the 

draft budget for 2005.