Vilniaus Degtine AB Reports Unaudited Earnings Results for the Six Months Ended June 30, 2016
August 17, 2016 at 03:29 am EDT
Vilniaus Degtine AB reported unaudited earnings results for the six months ended June 30, 2016. For the six months, the company reported sales revenue of EUR 29,696,869 compared to EUR 26,969,701 a year ago. Results from operating activities were EUR 988,511 compared to EUR 544,266 a year ago. Profit before tax was EUR 948,175 compared to EUR 562,927 a year ago. Profit for the period was EUR 878,987 compared to EUR 527,927 a year ago. Basic and diluted earnings per share were EUR 0.04 against EUR 0.02 a year ago. Net cash flow from operating activities was EUR 1,602,739 compared to EUR 2,250,248 a year ago. Acquisition of property, plant and equipment was EUR 1,372,810 compared to EUR 1,458,748 a year ago. Acquisition of intangible non-current assets was EUR 10,745 against EUR 48,665 a year ago.