Friday, May 20, 2022

The 22 Companies in Latvia Reporting Their Profits in Fiscal Years 2021, 2020 and 2019 Generated Total Bottom-Line Profits in 2021 Which Increased By 30% From That in the Pre-COVID Pandemic Year of 2019. These 22 Latvian Companies Generated Total Bottom-Line Profits in 2020, the First Year of the Worldwide COVID Pandemic, Which Increased By an Impressive 20% From That in 2019. Ukraine (+446%), Lithuania (+38%), Latvia (+20%) and Denmark (+5%) Are the Only Four Countries That I Have Researched So Far Whose Companies Had Total Bottom-Line Profits in 2020 That Were Higher Than That in 2019. For Instance, Russia's 199 Companies Reporting Their Earnings in Russian Rubles Saw Their Total Bottom-Line Profits in 2020 Decline By 61% From That in 2019.

From the Latvian Companies included in the Nasdaq Baltic Riga Market, there were 22 Companies headquartered in Latvia that reported their Profits in accordance with International Accounting Standards approved by the EU for all of the most recent three fiscal years 2021, 2020 and 2019.

From the annual reports included in the Reports section for each Latvian Company, the table below shows the Consolidated Net Profit (Loss) from continuing operations for fiscal years 2021, 2020 and 2019 for each of these 22 Latvian Companies.

I have to say that the Nasdaq Baltic Market website is the most user-friendly Reporting System I have ever experienced.