Alcohol, Lithuania, Markets and Companies

International Internet Magazine. Baltic States news & analytics Thursday, 28.03.2024, 16:57

Alita records profit, Anyksciu Vynas posts loss in 9 months

BC, Vilnius, 27.11.2014.Print version
Company group AB Alita consolidated non-audited activity results for the 9 months of 2014 according to the International Financial reporting standards are LTL 1.0 million (EUR 0.3 million) profit before taxes, the company announced. The unaudited activity result of AB Anyksciu Vynas for the nine months of 2014 according to the International Financial Reporting Standards is LTL 0.3 million (EUR 0.1 million) loss before taxes, informs LETA/ELTA.

In comparison with the same period in 2013 the result before taxes of Alita has increased by LTL 1.7 million (EUR 0.5 million). The positive financial results were influenced by rapidly growing export and successful marketing strategy in Lithuanian market.

 

The consolidated sales revenue for the 9 months of 2014 year amounted to LTL 58.6 million (EUR 17.0 million) and in comparison with the same period in 2013 increased by 2%. At the same period of 2013 the sales revenues were LTL 57.5 million (EUR 16.6 million).

 

The unaudited activity result of AB Anyksciu Vynas for the nine months of 2014 according to the International Financial Reporting Standards is LTL 0.3 million (EUR 0.1 million) loss before taxes. A loss before taxes of LTL 1.0 million (EUR 0.3 million) was recorded during the same period last year, the company said in a statement.

 

Sales income for the nine months 2014 amounted to LTL 9.1 million (EUR 2.6 million) and compared to the same period of 2013 decreased by 19%. The main reason for the decrease was an unfavourable situation in concentrated juice market.






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