Latvian Forest Company AB (publ) announced consolidated and parent earnings results for the second quarter and six months ended June 30, 2018. For the six months, on consolidated basis the company reported net sales of EUR 356.0 million compared to EUR 111.6 million a year ago. Total income was EUR 356.0 million compared to EUR 111.8 million a year ago. Operating profit was EUR 59.2 million compared to loss of EUR 89.1 million a year ago. Profit before tax was EUR 425.7 million compared to EUR 227.4 million a year ago. Net profit was EUR 425.7 million compared to EUR 202.4 million a year ago. Cash flow used in current operations was EUR 173.7 million compared to EUR 109.9 million a year ago. For the six months, on parent basis the company reported net sales of EUR 32.0 million compared to EUR 30.2 million a year ago. Operating loss was EUR 45.3 million compared to EUR 34.5 million a year ago. Profit before tax was EUR 18.3 million compared to EUR 61.0 million a year ago. Net profit was EUR 18.3 million compared to EUR 61.0 million a year ago. Cash flow used in current operations was EUR 173.7 million compared to EUR 109.9 million a year ago. For the quarter, on consolidated basis the company reported net sales of EUR 309.5 million compared to EUR 101.1 million a year ago. Total income was EUR 310.3 million compared to EUR 101.3 million a year ago. Operating profit was EUR 173.5 million compared to loss of EUR 3.4 million a year ago. Profit before tax was EUR 270.5 million compared to EUR 159.3 million a year ago. Net profit was EUR 270.5 million compared to EUR 140.4 million a year ago. For the quarter, on parent basis the company reported net sales of EUR 16.4 million compared to EUR 30.2 million a year ago. Operating loss was EUR 35.4 million compared to EUR 34.5 million a year ago. Profit before tax was EUR 17.6 million compared to EUR 61.0 million a year ago. Net profit was EUR 17.6 million compared to EUR 61.0 million a year ago.