Group Revenue for the year ended 31 December 2015, decreased by US$36,0m or 45,4% to reach the level of US$43,3m compared to US$79,3m in 2014. Sales in Europe decreased by 41,2% or US$6,0m to reach the level of US$8,6m compared to US$14,6m in 2014. Sales in the CIS and Baltics decreased by US$17,4m or 53,5%, reaching the level of US$15,1m, compared to US$32,5m in 2014. Sales in the rest of the World decreased by US$12,6m or 39,1%, reaching the level of US$19,6m, compared to US$32,2m in 2014.
The Group’s Gross Profit for the year, after charging product, transportation and insurance costs decreased to US$33,8m compared to US$65,1m in 2014. The Gross Profit margin achieved in 2015 was 78% (2014: 82%).
The loss of the Group attributable to the shareholders of the Parent Company for the year 2015 amounted to US$3.525.651 (2014: US$5.274.916 loss).