Feb 09, 2004. /Lesprom Network/. Latvian major timber-processing enterprises owned by Latvijas koks reported turnover at LVL 142,9 million ($270,39 million) in 2003, up 15,33% compared with the prior period in 2002, BNS quoting Latvijas koks managing director Andris Plezers. Latvijas koks enterprises net-turnover reached LVL 123,9 ($196,97 million) in 2002. The enterprises reported exports at LVL 104,16 million ($196,97 million), up 11,93% compared with the prior period in 2002. Latvijas finieris enterprise topped the turnover-leaders list - LVL 71,75 ($154,51 million, +16%), exports reached LVL 63,63 million ($120,26 million, + 11,9%). Bolderaja reported turnover at LVL 10,7 million ($20,22 million, +49,4%), exports reached LVL 8,54 million ($16,14 million, + 64,8%). Saga and Laiko enterprises reported total turnover at LVL 8,83 million ($16,69 million, + 35,4%), exports - LVL 7,98 million ($15,08 million, + 28,7%); Dailrade koks reported turnover at LVL 6,39 million ($12,08 million, +18,6%) , exports - LVL 3,70 million ($6,99 million, + 18,4%), Matleks turnover - LVL 6,10 million ($11,53 million, +3,1%), exports - LVL 5,58 million ($10,55 million, - 0,52%). Net-turnover leader was Balt Lia - 51,8% to LVL 923,6 million ($1,75 million). ‘Last year's results are positive and satisfying. However the situation is not homogeneous - some enterprises deal better, some stay behind, Andris Plezers said. ‘The enterprises increased net-turnover mainly due to more profound timber-procession’, Andris Plezers said, stressing that the raw timber volume purchased in 2003 declined. However due to the production of goods with high added value, the turnover increased. The enterprises also benefited from EUR exchange rate increase - more than 80% of exports are Europe-bound, Andris Plezers said. Meanwhile the enterprises exporting goods to USD zone, e.g. matches producers, reported losses while production did not decline. The best results were reported by veneer and glued furniture parts, Andris Plezers said.