TALLINNA KÜLMHOONE AS

ANNOUNCEMENT

11.11.99

 

COMMENTARY TO THE FINANCIAL RESULTS 09/99

 

The consolidated 9-months net sales of Tallinna Külmhoone AS 

amounted to 345.8 million EEK. Compared to the same period last 

year (9 months' 1998 net sales 256 million EEK), the company's net 

sales increased by 35.1% or 89.8 million EEK. 

 

Total amount of ice-cream sold in 9 months 1999 was 3104.6 tons. 

Compared to the respective result of 1998 (2606.5 tons), the sales 

increased by 19.1% or 498.1 tons. 

 

In 9 months, 324.8 tons (10.5% of total ice-cream realization) of 

ice-cream was exported; the respective last year's figure was 333.4 

tons.

 

The 9 months net profit of Tallinna Külmhoone AS totaled 17.8 

million EEK; the respective figure last year was 16.4 million EEK.

 

 

Evald Karu

Financial Director

+372 213 369