Liepājas metalurgs                                        16.05.2005. 



AS “Liepājas metalurgs” information about differences between budget project 

in 2005 and results in 2004 



According to published budget project for 2005, AS “Liepājas metalurgs” informs 

about the big difference between planned profit of JSC "Liepājas metalurgs" in 

year 2005 and the results of year 2004. It can be elucidated with price politics 

in world market of metals. It is the main factor, which defines the net turnover 

and profit.          



In the year 2005 planned production volume will not be sharp different, but decrease 

of the price of steel armature is very remarkable. So us up mentioned, the main 

factor, which defines the net turnover and profit of JSC "Liepājas metalurgs" is the 

price of our most sold production.



B.Imbovica

Chief Economist 

JSC "Liepājas metalurgs"