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2009-03-02 11:00:52 CET 2009-03-02 11:02:00 CET REGULATED INFORMATION Linas AB - Interim informationAB “Linas” Group of companies preliminary not audited activity results of year 2008AB “Linas” Group of companies sales incomes of year 2008 made 45.2 mln Lt (13.1 mln EUR). Incomes of year 2007 were 64.0 mln Lt (18.5 mln EUR). Actual sales incomes of year 2008 is 18.8 mln Lt (5.1 mln. EUR) or 29.4% lower in comparison with incomes of year 2007. The loss of year 2008 before taxation - 15.7 mln Lt (4.5 mln EUR), the profit of year 2007 - 0.7 mln Lt (0.2 mln EUR). After the specification in the financial reports the losses of granted loans for bankrupted subsidiary company “Lino audiniai”, preliminary loss of year 2008 before taxation is larger than the planned was 2.7 mln Lt (0.8 mln EUR). In 2008 export volumes of AB “Linas” Group of companies made 86% production sales and in 2007 there were exported 93% production. The export volumes decreased because of decreased usage of textile items in foreign markets during world economic crisis. AB “Linas” didn't invest into obtaining and renovation of technological equipment in 2008. Director Martynas Jasinskas +370 45 506103 |
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