AB Kauno Energija Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
January 31, 2020 at 01:45 am EST
AB Kauno Energija announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced sales was EUR 16.245 million compared to EUR 19.575 million a year ago. Operating income was EUR 1.498 million compared to EUR 2.747 million a year ago. Net income was EUR 1.435 million compared to EUR 2.127 million a year ago. Basic earnings per share was EUR 0.03 compared to EUR 0.05 a year ago. For the full year, sales was EUR 54.650 million compared to EUR 61.316 million a year ago. Operating income was EUR 968,000 compared to EUR 4.883 million a year ago. Net income was EUR 688,000 compared to EUR 4.002 million a year ago. Basic earnings per share was EUR 0.02 compared to EUR 0.09 a year ago.