Inactive Instrument

AB Linas

LNS1L

LT0000100661

AB Linas Reports Earnings Results for the First Quarter Ended March 31, 2021

June 07, 2021 at 11:05 am EDT

AB Linas announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was EUR 3.878 million compared to EUR 3.315 million a year ago. Net income was EUR 270,064 compared to net loss of EUR 37,906 a year ago. Basic loss per share from continuing operations was EUR 0.011 compared to EUR 0.002 a year ago.

Latest news about AB Linas

AB Linas Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-31	CI
UAB Verslo dizainas completed the acquisition of an additional 9.64% minority stake in AB Linas.	22-05-19	CI
UAB Verslo dizainas acquired a 9.46% stake in AB Linas for €0.66 million.	22-05-19	CI
UAB Verslo dizainas to acquire additional 25.6% of stake in AB Linas for €1.2 million.	22-04-11	CI
AB Linas Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2021	22-02-28	CI
AB Linas Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-12-02	CI
AB Linas Reports Earnings Results for the Second Quarter Ended June 30, 2021	21-09-30	CI
AB Linas Reports Earnings Results for the First Quarter Ended March 31, 2021	21-06-07	CI
UAB Verslo dizainas made an offer to acquire an additional unknown minority stake in AB Linas from public shareholders.	21-04-25	CI
UAB Verslo dizainas acquired 21.7% stake in AB Linas.	21-04-14	CI
AB Linas Reports Earnings Results for the Fourth Quarter Ended December 31, 2020	21-02-26	CI
AB Linas Reports Earnings Results for the Third Quarter Ended September 30, 2020	20-11-30	CI
AB Linas Reports Earnings Results for the First Quarter Ended March 31, 2020	20-05-30	CI
AB Linas Reports Earnings Results for the Full Year Ended December 31, 2019	20-02-29	CI
AB Linas Announces Board Changes	19-09-19	CI
AB Linas Reports Earnings Results for the First Quarter Ended March 31, 2019	19-05-31	CI
AB Linas Announces the Resignation of Zita Kelmiene from the Position of an Independent Member of the Audit Committee	19-03-29	CI
AB Linas Reports Earnings Results for the Fourth Quarter Ended December 31, 2018	19-03-01	CI
AB Linas Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018	18-11-30	CI
AB Linas Announces Board Appointments	18-10-10	CI
AB Linas Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2018	18-09-28	CI
AB Linas Announces Management Changes	18-08-30	CI
Linas Announces Resignation of Independent Members of the Audit Committee from August 31, 2018	18-08-24	CI
AB Linas Reports Audited Consolidated and Company Earnings Results for the Year Ended December 31, 2017	18-05-16	CI
AB Linas Announces Resignation of Justina Ryskiene as the Audit Committee Member	18-03-21	CI

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Company Profile

Linas AB (Linas PLC) is a Lithuania-based company active within the textile industry sector. The Company's main activity is the production and distribution of textile products, as well as management of financial property. The Company's products portfolio includes table, bed and kitchen linen, fabrics, as well as interior decoration, such as napkins, placemats, runners, tablecloths, aprons, mittens, potholders, towels, pillow cases, duvet covers, bed sheets, curtains. The Company operates through one subsidiary, Lino apdaila UAB. The Company's products are sold domestically, as well as exported to Sweden, Spain, Belgium, Finland, Denmark, the United States, France and Japan, among others. As of December 31, 2011, the Company's major shareholder was Rentija UAB with a stake of 21.01%.

Sector

Textiles & Leather Goods

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