Operator of Kursi home improvement stores raises turnover 1.6% in 2021

• Published date: 28 July 2022
• Publication title: LETA

RIGA, July 28 (LETA) - Tirdzniecibas Nams Kursi, the operator of the Kursi home improvement stores, turned over EUR 06.791 million in 2021, which is an increase of 1.6 percent against a year before, while the company's profit rose 5.4 percent to EUR 4.114 million, according to information available at Firmas.lv.

ccording to the company's management report, despite the restrictions introduced because of Covid-19, the company managed to adapt quickly and mitigate the restrictions' impact on the retailer's operations.

To improve the cash flow, at the end of last year Kursi asked for and received a EUR 500,000 working capital grant provided by the government.

lthough quite challenging, the year 2021 was successful on the whole and proved that the company had chosen...