The turnover of SIA Toi Toi Latvija, which supplies dry closets, containers and fencing, last year amounted to 4.16 million euros, which is 18.4% more than in 2022. In turn, profit increased by 44.4% – to 339,532 euros, according to information from Firmas.lv. The annual management report states that last year one of the main groups of Toi Toi Latvija clients – the construction industry – faced a slowdown in market development , which led to a reduction in the company's forecasts for financial results at the end of the year. At the same time, the company's management indicates that strategically correct participation in tenders led to the receipt of large objects, which in any case made it possible to increase both turnover and profit. The company's management expects that the positive effect from the tenders will continue into 2024. At the same time, it is expected that the share of strategic projects in total turnover this year will increase compared to last year. The company's financial performance will also be affected by the situation in the construction industry. This year, Toi Toi Latvija will continue to develop the implementation of digital solutions, as well as modernize and expand its technical park and continue the workforce development program. In 2022, Toi Toi Latvija's turnover was 3.514 million euros and its profit was 235,085 euros. Toi Toi Latvija was registered in 2004, its share capital is 313,031 euros. The company is owned by Toi-Toi Lietuva, registered in Lithuania.
