Last update: 23.11.2024 00:48 (GMT+2)
Lietuvos energija AB Stock Exchange Release 27.10.2005
The result of activity for the nine months of 2005
The preliminary result of Lietuvos energija AB activity for the nine months of
2005 – not audited profit before tax is LTLm11.6 (EURm3.4) (for the nine months
of 2004 – LTLm77 (EURm22.3)).
The main reasons of profit reduction are a decrease of electricity export due to
the work of only one unit of Ignalina Nuclear Power Plant and an increase of
depreciation expenses. The increase of depreciation is conditioned by results of
revaluation of company’s tangible assets, which are reflected in the financial
statements of Lietuvos energija AB.
EBITDA is LTLm130.7 (EURm37.9) (for the nine months of 2004 – LTLm129.5 (EURm37.5))
Ona Garnienė
Senior Accountant
(8-5) 2782457