LANGUAGE EN FR
 
   
       
       
         
   
Lithuania Post Ended the First Half-Year with Net Profit of LTL 2.6m

The state-owned Public Limited Company Lietuvos paštas has earned LTL 2.6m of net profit during the first 6 months of the current year. Last year the company incurred LTL 4.5m of losses during the same period.

"The first half-year was really successful to Lithuania Post. Income from sales has been growing in recent years, and we have been striving for high performance levels; consequently, financial results achieved this year have exceeded the ones recorded last year during the same period. Higher financial results have been determined by 2.3% increase in sales income and 5.3% decrease in operating expenses. The goal set for the second half-year is further growth of income from sales,” CEO of Lithuania Post Lina Minderienė said.

 

Income from sales generated in January-June 2014 has made LTL 97m or 2.3% more than in the first half-year of 2013. Estimating the results of Jan-Jun 2014, if compared with the same period of 2013, there was a 3.1% increase in income from postal services, 5.3% rise in income from financial intermediation, and income from other services has grown up by 5.3%.

 

Source: Lietuvis pastas

 

 
   
         
    footer picture    
 
 
 
         
   
©POSTEUROP - TERMS OF USE & PRIVACY POLICYPOSTEUROP EXTRANET - CONTACT US - RSS - E-MAIL THIS PAGE