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Akciju sabiedriba "VEF" Earnings Release 2019

Apr 27, 2020

2237_rns_2020-04-27_65fe4dd7-01c3-4640-bd38-0cabb288415e.html

Earnings Release

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JSC VEF 2019 audited finacial statements

Net turnover of the Company during the reported period has reached EUR 1 190 963.

Despite the 5% decrease of net turnover during the reported period the Company’s Board

has performed cost saving activities and as the result the Company concluded the year

with the audited profit of EUR 122 296. The Company’s Board proposes to leave the reported

annual profit undivided in order to cover losses from previous years.

The Management Board of JSC VEF

Additional information:

Tamara Kampane, Member of Management Board, JSC VEF,

e-mail: [email protected]