Baltic, Foodstuff, Markets and Companies

International Internet Magazine. Baltic States news & analytics Thursday, 25.04.2024, 01:46

LTk Capital posts EUR 1.5 mln in loss on revenue of EUR 29 mln in 2016

BC, Vilnius, 26.09.2017.Print version
LTk Capital, a holding company operating the Cili restaurant chain, price comparison platform PriceOn and other companies, posted 28.603 million euros in consolidated revenue last year, down by 9.6 percent, from 31.648 million euros, from 2015, informs LETA/BNS.

Owned by Lithuanian businessman Tadas Karosas, the company reported a consolidated net loss of 1.518 million euros last year, which is a sharp decline from 5.206 million euros in net profit the year before, LTk Capital said in a report to the Center of Registers.

 

The group includes Cili Holdings, a company operating the Cili restaurant chain, and lease companies, 91-% stake in PriceOn, Maltese and Latvian property management companies Gruben Holding Company and Gold Fish Fund.

 

At the end of last year, the company had staff of 1,415 people, down from 1,469 year-on-year.






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