Siguldas CMAS JSC Audited Annual Report for 2023
March 25 2024 - 10:10AM
UK Regulatory
Siguldas CMAS JSC Audited Annual Report for 2023
The Company’s net turnover in 2023 was 1.5
million euros, which is by 20 thousand euros or 1.3% less than in
2022.
The proportionality of the income from the basic
occupation has slightly changed compared to 2022 – the income from
the sale of breeding bull semen has increased and accounted for
63.8% of the net turnover, while the income from the services of
milk analysis and monitoring data processing has decreased - they
totaled 22.7% from net turnover.
2023 ended with a profit of 65 thousand euros.
Compared to 2022, the profit before taxes for the reporting year
has decreased by 78 thousand euros, which was mainly caused by the
decrease in net turnover and the increase in material costs, as
well as the valuation of the investment property.
During the reporting period, the Company has
received a new laboratory equipment – a milk analyzer with
equipment – as a financial lease for five years.
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 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
- Siguldas_CMAS_Annual_report_for_2023
- Auditors report_EN_SiguldasCMAS_2023
- Siguldas_CMAS_Corporate_Governance_report_2023
- Siguldas_CMAS_remuneration_report_ 2023
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