UPB Group achieves record turnover and triples profit
The construction and manufacturing holding UPB group posted its highest-ever turnover of €258.114 million last year, up 17.6% from the previous year, while profit tripled to €13.339 million.
The UPB group, a construction and manufacturing holding company, achieved its highest turnover to date last year. According to data from Firmas.lv, the group's turnover in 2023 reached €258.114 million, a 17.6% increase compared to 2022.
At the same time, the group's profit saw a threefold increase, reaching €13.339 million. These figures indicate strong performance and growth in the construction and manufacturing sectors.
UPB is one of the leading construction and manufacturing holdings in Latvia, and these results confirm its market position. The increase in revenue and profit is attributed to successful project execution and efficient operations.
