SIA Banga Ltd reports unaudited 6 month results for 2024
The Company’s product sales in the first 6 months of 2024 continued their upward trend, resulting in a net turnover of EUR 7.76 million during that representing 16.20% over the performance of 6 months in 2023. The main sources of the Company’s income remained the same: sales of canned fish, which accounted for more than 90%, as well as trade in industrial food, frozen raw materials and fish waste. Product sales volumes have increased as a result of a combination of factors, including a broader range of products in the group of Atlantic canned fish and salads, as well as new customers in new regions.
At the end of the reporting period, Banga LTD products were sold to more than 40 countries, including more than 60% of products were sold outside the EU, demonstrating the expansion of market geography. The Company’s main marketing activities during the reporting period were the annual fish trade fair in Barcelona and the Private Label Trade Show in Amsterdam.
Raivis Veckāgans
raivis.veckagans@bangaltd.lv
+371 29252286
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