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Auga Group Reports Increased Sales Revenue but Suffers Loss in First Half of the Year

CEO of Auga Group Kęstutis JuščiusPhoto: Vladimir Ivanov

One of the largest producers of organic products in the Baltic States, Auga Group achieved sales revenue of 40.9 million in the first half of this year. in the amount of EUR, or 20% more than last year at the same time, when the sales revenue was 34 million. euro. However, instead of profit, the company made a loss.

During six months, the group suffered 8.8 million. EUR net loss, a year ago the net profit was 3.65 million. amount, the company announced on the stock exchange. The group’s gross profit was 3.07 million euros, compared to 12.43 million euros. euro gross profit last year in the same period. EBITDA was 3.57 million. euros, compared to 15.05 million euro.

2023-09-01 11:02:36
#Auga #Group #faced #losses #profits

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