Referring to the unaudited data, the income of the Group of Panevezio statybos trestas AB for the first half of 2016 amounted to 41.5 mln. Euros, that is, by 36 per cents less than last year. In the first half of 2015 the income of the PST Group was 64.92 mln. Euros. The before-tax profit of the Group amounted to 0.8 mln. Euros for the first half of 2016, whereas in the first half of 2015 the before-tax profit of the Group was 2.9 mln. Euros. Performance assessment at the subsidiary companies located in the Russian Federation had impact on the lower result of the Group.
Referring to the unaudited data, during the first half of this year Panevezio statybos trestas AB had the before-tax profit in the amount of 1.6 mln. Euros, that is, by 16 per cents less compared to the profit for the six months of 2015, which amounted to 2 mln. Euros. The income of the company for the first half of 2016 amounted to 34.3 mln. Euros. The income for the first half of 2015 was 41.3 mln. Euros.
For more information contact:
Dalius Gesevicius
Managing Director
Panevezio statybos trestas AB
Phone: (+370 45) 505 503
