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The Directorate of Road Traffic Safety (CSDD) achieved a turnover of 35,566 million euros for the first nine months of the year, an increase of 6.3% per year. compared with the same period last year, while the profit of management decreased by 5.9% to 2,386 million euros, according to the CSDD.
The Management's Discussion and Analysis indicates that, for the nine months of 2018, the technical inspection of vehicles was the CSD's main business revenue area. This turnover increased by 6.5% compared to nine months of the previous year. During the nine months of this year, the number of basic inspections performed during the technical inspection has increased by 6% compared to the corresponding period of 2017 to reach 592 133, but the number of Repeated inspections increased by 4.8% to reach 204,733.
"The nine-month growth is mainly due to the concentration of targeted technical inspection services in the first half to minimize the usual influx of customers during the autumn period, as has already been observed, and the winter before the birthday, "says the management report.
By contrast, the second largest source of revenue this year in the first nine months of the year, the CSD was the provision of vehicle registration services, which increased revenues by 3.4% year-over-year. . Including the number of vehicles registered for the first time increased by 1.3% to 56 924, the number of registration plates issued increased by 0.3% to 74 742, the withdrawal of vehicles from registration increased by 3.1% to reach 176,068 cases. the issuance of certificates increased by 5.2% to reach 261,289.
At the same time, CDD revenues from qualifying services for drivers in the last nine months of this year increased by 1.6%. In particular, the total number of successful management exams compared with the corresponding period of the previous year decreased by 10%, the number of permits issued increased by 10.5%, the number of permits issued driving increased by 6.5%, but the number of accepted theoretical exams increased by 6.3. %
In the first nine months of 2017, CSDD achieved a turnover of 33.47 million euros and a profit of 2,517 million euros.
CSDD is a limited liability company. The Directorate registers vehicles in Latvia, issues driving licenses, carries out technical checks and provides other services. CSD derives revenue from service fees. The shareholder of the management is the Ministry of Transport.
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