Linas AB - Interim information

Activity results of six months of year 2011 of company AB “Linas” and Group of companies. AB “Linas” not audited consolidated interim information of six months of year 2011

Panevezys, Lithuania, 2011-08-31 08:56 CEST (GLOBE NEWSWIRE) -- 

On August 30, 2011 AB “Linas” Board confirmed AB “Linas” consolidated interim
financial reports of six months of year 2011 which are not checked by the
auditors and prepared acc.to International financial accountability standards
accepted by EU. 

The sales incomes for January-June of year 2011 of AB “Linas” made 16.25 mln Lt
(4.71 mln EUR). During the same period of year 2010 sales incomes were 16.78
mln Lt (4.86 mln EUR). 

The sales incomes for the first half of year 2011 of AB “Linas” group of
companies made 16.56 mln Lt (4.80 mln EUR). During the same period of year 2010
sales incomes were 17.09 mln Lt (4.95 mln EUR). 

Profit before taxation of the first half of year 2011 of AB “Linas” was 0.41
mln Lt (0.12 mln EUR) and profit before taxation of AB “Linas” group of
companies - 1.15 mln Lt (0.33 mln EUR). Company's result for same period of
year 2010 - 8.50 mln Lt (2.46 mln EUR) profit and result of Group was profit
8.04 mln Lt (2.33 mln EUR). 

Presenting confirmation of the responsible persons of AB “Linas” and interim
consolidated not audited financial information of six months of year 2011. 


         AB “Linas” director
         Martynas Jasinskas
         +370 45 506103

Attachments:

Linas_information_6_months_2011.pdf