Evaluating the results company achieved on financial year 2011/2012 (ended on June 30, 2012) and also recognizing the high level of employees’ loyalty, their salary level,  contribution towards the achievement of company’s results and taking into account situation in the labor market, the board of ”SAF Tehnika” JSC decided to pay out premiums to the company’s employees.

The total gross amount allocated is 124 thousand LVL (176 thousand EUR) which include both the gross premium and required employers’ social tax contributions. Expenses will be attributed to financial year 2011/2012 therefore consolidated, non-auditioned financial results announced on August 8, 2012 will be adjusted. Following this the company’s adjusted non-auditioned, consolidated profit for financial year 2011/2012 is 607 thousand LVL (864 thousand EUR).

The audited results of the Company’s financial year 2011/2012 will be published in October in compliance with the schedules laid out in the regulating legislation.


For information:

Aira Loite
„SAF Tehnika” JSC
COO, board member
Phone.: +371 67046840
E-maij: Aira Loite
www.saftehnika.com