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    4450   JP3782930006

POWER SOLUTIONS, LTD.

(4450)
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Delayed Japan Exchange  -  01:57 2022-09-30 am EDT
2520.00 JPY   -0.40%
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Lithuania postpones maintenance on power cable to Sweden due to tight market

08/19/2022 | 09:16am EDT

VILNIUS (Reuters) - Lithuania postponed maintenance on a power cable to Sweden due to the tight market situation, its energy ministry said on Friday.

"The temporary disconnection would reduce import volumes and would have a negative impact on the already high market price," Energy Minister Dainius Kreivys said in a statement.

The maintenance was initially scheduled for late August but had been moved to November 7-13, Lithuania's transmission system operator said in a note to the Nord Pool spot market.

(Reporting by Andrius Sytas in Vilnius, editing by Stine Jacobsen)


© Reuters 2022
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Analyst Recommendations on POWER SOLUTIONS, LTD.
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Financials
Sales 2021 3 801 M 26,3 M 26,3 M
Net income 2021 253 M 1,75 M 1,75 M
Net cash 2021 991 M 6,85 M 6,85 M
P/E ratio 2021 13,2x
Yield 2021 -
Capitalization 3 554 M 24,6 M 24,6 M
EV / Sales 2020
EV / Sales 2021 0,58x
Nbr of Employees 231
Free-Float 32,3%
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Mean consensus -
Number of Analysts 0
Last Close Price 2 520,00
Average target price
Spread / Average Target -
Managers and Directors
Tadao Takahashi President & Representative Director
Katsuhiko Fujita Chairman
Shizuko Kawashima Director & Head-Business Administration
Hiroyuki Ozaki Independent Outside Director
Shigenobu Sato Director
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