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"Brivais vilnis" achieves threefold increase in profit in 2012

 RIGA, April 30 - The fish-processing company "Brivais vilnis" earned LVL 534,916 in profit in 2012, a threefold increase on 2011, when the company posted LVL 172,356 in profit, according to the company's announcement at the "NASDAQ OMX Riga" stock exchange.

"Brivais vilnis" turned over LVL 9.77 million in 2012, a 13 percent increase on 2011, when the company achieved LVL 8.61 million in turnover.

According to the company's management report, "Brivais vilnis" produced 25.8 million cans of fish last year, including 13 million cans of sprats. Overall, the company sold 25.1 million cans of fish worth LVL 9.8 million in 2012.

This year, "Brivais vilnis" will continue to control its production costs, carry out measures to improve its energy efficiency, strengthen its position and compete on the global market of canned fish.
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