OREANDA-NEWS. The proportion of the Company's basic activities, if compared to the first six months of 2015, does not show any significant changes ? the production and sale of bull semen comprised 50.8 % of its net turnover in the accounting period, while the milk testing and data processing services collectively comprised 37.8 % of the Company's net turnover. 

Company's net turnover in the first six months of 2016 was 522.8 thousand euros, showing a decrease of 4.0 % against the corresponding period in 2015, whereas Company's profit before taxes was 52.9 thousand euros – by 27.2 % or 19.7 thousand euros lower compared to the corresponding period in 2015.

The commercial profitability in the first three months of 2016 was 10.1 %, compared to 13.3 % in the corresponding period in 2015.

Profit or Loss Account for the Period Ended on 30 June 2016

  2016
EUR		 2015
EUR
Net sales 522 842 544 367
Changes in stock of ready-made goods and unfinished products 19 453 25 381
Other operating income 5 517 5 476
Costs of materials: (234 564) (233 175)
a) raw materials and auxiliary costs of materials (178 583) (177 599)
b) other external costs (55 981) (55 576)
Personnel costs: (219 253) (223 067)
a) salaries for work (172 322) (175 300)
b) state social insurance compulsory contributions (38 191) (38 940)
c) other social insurance costs (8 740) (8 827)
Write-off of assets and values: (23 026) (22 936)
a) depreciation of fixed assets and amortization of intangible assets (22 958) (22 936)
b) write-off of value of current assets above the normal deductions (68) -
Other operating costs (26 086) (24 119)
Other interest income and similar income 10 329 2 980
Interest payments and similar costs (2 311) (2 260)
Profit or losses before taxes 52 901 72 647
Enterprise income tax for the reporting year (11 598) (10 358)
Other taxes (1 845) (1 854)
The profit or loss for the year 39 458 60 435
 Equity per 1 share (EPS) 0.093 0.143