Linas AB - Interim information

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

Panevezys, Lithuania, 2011-05-24 08:47 CEST (GLOBE NEWSWIRE) -- On May 23, 2011
AB “Linas” Board confirmed AB “Linas” consolidated interim financial reports of
three 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-March of year 2011 of AB “Linas” made 7.71 mln Lt
(2.23 mln EUR). During the same period of year 2010 sales incomes were 7.53 mln
Lt (2.18 mln EUR). 

The sales incomes for the first quarter of year 2011 of AB “Linas” group of
companies made 7.85 mln Lt (2.27 mln EUR). During the same period of year 2010
sales incomes were 7.70 mln Lt (2.23 mln EUR). 

Profit before taxation of the first quarter of year 2011 of AB “Linas” was
0.013 mln Lt (0.004 mln EUR) and loss before taxation of AB “Linas” group of
companies - 0.229 mln Lt (0.066 mln EUR). Company's result for same period of
year 2010 - 0,849 mln Lt (0,246 mln EUR) profit and Group results - 0,128 mln
Lt (0,037 mln EUR) profit. 

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


         AB “Linas” director
         Martynas Jasinskas
         +370 45 506103

Attachments:

Linas_interim_information_of_3_months_2011.pdf