Lietuvos Juru Laivininkyste - Interim information

PC "Lithuanian shipping company " activity results and interim financial statements for the nine month 2014

Klaipeda ,Lithuania, 2014-11-17 15:17 CET (GLOBE NEWSWIRE) -- 

The Board of PC “Lithuanian Shipping Company” (LSC) has confirmed unaudited 
financial reports prepared according to the International Financial Reporting
Standards for the period of nine  months of year 2014, ended on 30 September,
2014. 

The income during January- September, 2014 was LTL 53,7 million (EUR 15,6
million) and, if compared to the income of nine months 2013 - LTL 72,1 million
LTL (EUR 20,9 million), it has decreased by 26%. 

EBITDA during January- September, 2014 was LTL 1,4 million (EUR 0,4 million),if
compared to EBITDA during the nine months,  2013 was LTL 2,7 million (EUR 0,8
million), it has decreased 48%. 

The loss during January- September, 2014 was LTL 15,8 million (EUR 4,6
million), if compared to 2013 loss it increased by 4,6 million LTL (EUR 1,3
million ) or 42 %. 

LSC long-term investments (ships' repairs)  during January- September, 2014
were LTL 0,5 million (EUR 0,14 million). Long-term investments during the
reporting period 2013 were LTL 5,1 million (EUR 1,5 million). 



Attachment:

LSC confirmation by responsible persons and unaudited  financial statements for
ended the 30 September 2014 

Arvydas Stropus

Chief accountant

tel. (8 46) 393 126

Attachments:

LSC confirmation respons. persons and Financial statements of nine month 2014.pdf