Latvian spirits producer, Latvijas Balzams, has posted an after-tax profit of LVL2.013m for the first nine months of the year, compared with LVL1.074m in the corresponding period in 2001, according to a submission to the Riga Stock Exchange.

Net turnover for the nine months reached LVL36.736m, compared with LVL34.866m in 2001.