Rigas Kugu Buvetava AS reported audited earnings results for the ended December 31, 2017. For the year, the company reported net turnover of EUR 12,853,528 compared to EUR 20,757,784 a year ago. Loss before corporate income tax was EUR 3,060,264 compared to profit of EUR 265,554 a year ago. Net loss for the financial year was EUR 308,216 or EUR 0.026 per share compared to profit of EUR 169,807 or EUR 0.014 per share a year ago. Net cash flow used in operating activities was EUR 2,037,039 compared to net cash flow generated from operating activities of EUR 219,287 a year ago. Acquisition of fixed and intangible assets was EUR 303,438 compared to EUR 146,779 a year ago.