Last update: 06.07.2024 08:09 (GMT+3)

GRG: Interim results for the first five months of 2005 (corrected)

16.06.2005, Grigeo Group, VLN
Grigiškės				Stock Exchange Release			 2005 06 16

Interim results for the first five months of 2005 (corrected)

Profit of the first five months of 2005 is LTL 3,482 thousand (LTL 3,482,000),
which is by 12.5 % (correction) more than for the corresponding period in 2004, when the
profit was 3,095 thousand (LTL 3,095,000). Profit of May 2005 is LTL 796
thousand (LTL 796,000), which is 10.7 % more than the profit of May 2004 when
it was LTL 719 thousand (LTL 719,000).

During the first five month of 2005, Grigiskes AB, the largest Lithuanian
producer of wood fibre board and sanitary and daily use paper products, sold
goods and rendered services for LTL 41,618 thousand (LTL 41,618,000), which is
by almost 3% more than for the corresponding period in 2004, when the company
sold goods and rendered services for LTL 40,419 thousand (LTL 40,419,000). In
May 2005 Grigiskes AB sold goods and rendered services for LTL 8,586 thousand
(LTL 8,586,000). If compared to May of 2004, the sales of the company grew
almost by 2.9%. In May 2004 the company sold goods and rendered services for
LTL 8,347 thousand (LTL 8,347,000).

Gintautas Pangonis
General Director
(+370-5)2435801



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