Pēd. atjaunots: 22.07.2024 09:12 (GMT+3)
SNAIGE
MATERIAL EVENT
COMPANY PERFORMANCE RESULTS: ANTICIPATED FULFILMENT OF THE 2003 PLAN.
PROJECTIONS FOR 2004
(Unofficial translation done at the NSEL)
The anticipated turnover for the year 2003 is LTL 274.1 million, profit before
taxes (non-consolidated) is LTL 29.1 million. The projected turnover for the
year 2004 is LTL 303.8 million, profit before taxes is LTL 25.4 million. The
decrease in profit is expected due to increased advertising costs, the start-up
of works in the Kaliningrad enterprise and consideration of changes in customs
duties on the Ukraine market. The projected profit and turnover presented has
not been consolidated with subsidiary enterprises as adjustment of the budget
revenue and costs is being carried out in the Kaliningrad subsidiary.
Virginija Graudinienė
Finance Director
(+370-315) 56205