Lithuania, Markets and Companies, Oil, Transport
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Friday, 26.04.2024, 05:29
Lithuania's Viada LT posts EUR 0.5 mln in net profit for H1
BC, Vilnius, 18.09.2020.
Print version
Print versionViada LT, the operator of former Lukoil filling stations in Lithuania and Latvia, posted an unaudited consolidated net profit of 495,800 euros in the first half of this year, writes LETA/BNS.
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The group did not disclose what its net profit was in the
first half of 2019.
The group's consolidated sales revenue dropped 10.7 % to
310.452 mln euros, according to the company’s six-month consolidated
report.
Viada LT says temporary COVID-19 related economic
restrictions had negative impact on its results this year as fuel sales went
down by 7% in Latvia and almost 1.8% in Lithuania due to movement restrictions
and market stagnation in the first half of this year.
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