Siguldas CMAS
Siguldas CMAS JSC Unaudited Interim Report for Three Months of 2015
DGAP-News: Siguldas CMAS 2015-05-21 / 15:04 --------------------------------------------------------------------- The basic economic activity of the Joint Stock Company invariably is the production and sale of bull semen, comprising 47.9% of its net turnover in the accounting period, as well as the milk testing and data processing services, which collectively comprise 39.5% of the Company's net turnover. The proportion of the Company's basic activities, if compared with the one in the first three months of 2014, do not show any significant changes. Company's net turnover in the first three months of 2015 was 252.2 thousand EUR, showing a decrease of 2.9% against the corresponding period in 2014, while Company's profit of 6.5 thousand EUR of the first three months of 2015 shows a decrease of 77.9% against the corresponding period in 2014. The commercial profitability in the first three months of 2015 was 4.8%, compared to 13.4% in 2014. Profit or Loss Account for the Period Ended on 31 March 2015 2015 2014 EUR EUR Net sales 252 541 260 064 Changes in stock of ready-made goods and unfinished products 89 13 449 Other operating income 922 2 094 Costs of materials: (103 (105 115) 749) a) raw materials and auxiliary costs of materials (74 939) (77 530) b) other external costs (28 176) (28 219) Personnel costs: (111 (110 938) 285) a) salaries for work (88 895) (86 416) b) state social insurance compulsory contributions (19 621) (19 571) c) other social insurance costs (3 422) (4 298) Write-off of assets and values: (11 425) (11 201) a) depreciation of fixed assets and amortization of (11 425) (11 201) intangible assets Other operating costs (15 669) (13 802) Other interest income and similar income 1 785 1 288 Interest payments and similar costs (1 072) (910) Profit or loss before taxes 12 118 34 948 Enterprise income tax in the reporting year (3 804) (4 068) Other taxes (1 854) (1 635) The profit or loss of the year 6 460 29 245 =================== Equity per 1 share (EPS) 0.015 0.069 JSC 'Siguldas ciltslietu un mākslīgās apsēklošanas stacija' is one of the largest high-quality breeding bull semen producers and suppliers in Latvia. The second largest field of the Company's basic economic activities is the milk testing services. The Company also provides other breeding related services - consultations on issues of cattle breeding, feeding and keeping, evaluation of cow exterior, artificial insemination of cows, initial processing of the monitoring data. Valda Mālniece Member of the Management Board, Manager of the Financial and Accounting department E-mail: valda.malniece@sigmas.lv News Source: NASDAQ OMX --------------------------------------------------------------------- 2015-05-21 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Siguldas CMAS Latvia ISIN: LV0000100600 End of News DGAP News-Service --------------------------------------------------------------------- 360641 2015-05-21
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