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Tuesday, 09.06.2026, 06:39
In Q1, the share of profitable companies in Lithuania increased
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According to the data provided by the Department of Statistics, during the 1st quarter of this year 58.6% of companies were profitable, it increased compared to the 1st quarter 2012 (57.7%) and to the 4th quarter 2012 (57.8%).
During the 1st quarter 2013 companies were profitable, they made profits of almost LTL 2 billion (EUR 580 million) that have not changed much recently.
According to the Department of Statistics, the revenue from sales of goods and services of non-financial companies (public limited-liability companies, private limited-liability companies, state enterprises and cooperative societies (excluding agricultural enterprises) during the 1st quarter 2013 accounted for LTL 53.6 billion (EUR 15.5 billion) and year-on year it increased by 10.5%. Yet compared to the 4th quarter 2012, the revenue of companies decreased by 10.6%.
The average profitability of companies (relationship between the pre-tax profit (loss) and income from goods and services sold) was 3.6%.
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