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Wednesday, 24.04.2024, 04:31
Net earnings of Lithuania’s Axis Industries soar by half in 2015
BC, Vilnius, 20.06.2016.
Print version
Print versionAxis Industries, a Lithuanian industrial and energy project group, in 2015 saw its consolidated net profit grow by 49.1% to 10.28 million euros, from 6.896 million euros in 2014, informs LETA/BNS.
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Consolidated sales revenues soared by an annual 40.4% to 128.965 million euros, Axis Industries said in its 2015 consolidated report filed to the Center of Registers.
The Lithuanian market accounted for 84.1% of the group’s sales and export markets – for the remaining 15.9%. Estonia accounted for 27.8% of total exports, Latvia – for 24.4%, Ukraine – for 17.3%, Germany – for 13.1% and Sweden – for 9.9%.
The group includes the parent company Axis Industries, subsidiaries Axis Power and Axis Technologies as well as companies active in Kazakhstan and Ukraine.
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