Bakery “Lāči” turnover drops 3.4%, company posts loss
SIA “Lāči” reported a turnover of €10.73 million last year, down 3.4% from 2024, while also recording a loss of €199,823.
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The Latvian bakery SIA “Lāči” generated a turnover of €10.73 million last year, according to information published on Firmas.lv. This figure represents a decrease of 3.4% compared with 2024.
At the same time, the company’s financial result turned negative, with losses reaching €199,823. This marks a contrast to 2024, when the company operated profitably, although the exact amount of that profit has not been disclosed.
Despite the relatively modest decline in turnover, the company’s performance worsened significantly, moving from profit to loss. While rising costs or other factors may have contributed, no specific reasons are provided in the available information.
SIA “Lāči” is a bread-making enterprise, and its financial data are publicly accessible through the Firmas.lv database. The published figures offer insight into the company’s operational trends but do not include a detailed explanation for the changes.
