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2011-02-28 14:28:43 CET 2011-02-28 14:29:55 CET REGULATED INFORMATION Panevezio Statybos Trestas AB - Interim informationPerformance Results for 2010Panevėžys, Lietuva, 2011-02-28 14:28 CET (GLOBE NEWSWIRE) -- Referring to the unaudited data, in 2010 the Group of Panevėžio statybos trestas AB (PST) was on the income of 200.1 mln. Litas (58 mln. EUR), that is by 8.4 per cent more than last year and made before tax profit in the amount of 19.1 mln. Litas (5.5 mln. EUR), while last year the Group of PST AB suffered before tax loss of 12.5 mln. Litas (3.6 mln EUR). The company of PST was on the income of 168.5 mln. Litas (48.8 mln. EUR) and made before tax profit amounting 11.2 mln. Litas (3.3 mln. EUR). “The parent company was on the income of the last year level and cohesion of the team allowed us achieving better result compared to the last year. However, in the fourth quarter we suffered loss due to completion costs in a few large sites and annual evaluation”, says the Finance Director Dalė Bernotaitienė. Panevėžio statybos trestas AB is one of the largest construction companies in Lithuania. The company is certified in accordance with the requirements of international quality, environmental, occupational health and safety management systems. In the year 2007 PST won the National Quality Award for the company policy and strategy, and also management, control of processes and resources, satisfaction of customers', consumers' and employees' needs, etc. PST was awarded the medals of Product of the Year for the construction of Sports Arena in Šiauliai in 2007, Combined Cycle Power Plant in Panevėžys in 2008 and Panevėžys Multifunctional Sports Arena CIDO ARENA in 2009. For more information contact: Dalė Bernotaitienė Finance Director Panevėžio statybos trestas AB Tel.: +370 45 505 507 |
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