trending Market Intelligence /marketintelligence/en/news-insights/trending/Z9GU74NiGccoHiL31EpP0A2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Latvijas Balzams AS Q1 profit falls YOY


So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?


Industry Top Trends 2021: Oil and Gas


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Industry Top Trends 2021: Metals and Mining

Latvijas Balzams AS Q1 profit falls YOY

AS Latvijas balzams said its normalized net income for the first quarter amounted to €929,710, a decrease of 8.5% from €1.0 million in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin dropped to 5.5% from 6.6% in the year-earlier period.

Total revenue climbed 8.5% year over year to €16.8 million from €15.5 million, and total operating expenses rose 10.8% year over year to €15.6 million from €14.1 million.

Reported net income came to €1.2 million, compared with €1.4 million, or 18 cents per share, in the year-earlier period.