Business activity results of the 1 half of the year 2022
29 July 2022 - 3:02PM
Business activity results of the 1 half of the year 2022
The Board of AB Kauno Energija (hereinafter – the Company) (code
– 235014830) assessed results of Company’s business activity of the
1 half of the year 2022 and financial state as at 30 June 2022 and
approved AB Kauno Energija consolidated and Company’s non-audited
results of the 1 half of the year 2022. The result of Company’s
activities of the 1 half of the year 2022 according to the
International Financial Reporting Standards is profit in amount of
EUR 3,128 thousand (result of the 1 half of the year 2021 was
amounted to EUR 5,376 thousand), turnover from sales is
EUR 43,843 thousand (in the 1 half of the year 2021 it was
amounted to EUR 27,098 thousand). The result of activities of
the Group which consists of AB Kauno Energija and its’ subsidiaries
UAB GO Energy LT (code – 303042623) of the 1 half of the year 2022
is profit in amount of EUR 2,614 thousand (the result of the 1
half of the year 2021 – EUR 5,138 thousand), turnover
from sales is amounted to EUR 43,825 thousand (turnover from
sales of the 1 half of the year 2021 is amounted to EUR
27,093 thousand). The rate of critical liquidity as at the end
of reporting period (30 June 2022) of the Company that makes
comparison between short term assets without stocks and short term
liabilities, increased from 1.27 to 1.50 during the period from the
end of the year 2021 (the rate of the Group increased from 1.23 to
1.48). The EBITDA of the Company of the 1 half of the year 2022 is
EUR 6,556 thousand (EBITDA of the 1 half of the year 2021 was EUR
8,599 thousand), and EBITDA of the Group is EUR 6,135 thousand
(EBITDA of the 1 half of the year 2021 was EUR 8,651 thousand). We
hereby present an Interim unaudited Financial Statements of the 1
half of the year 2022 together with confirmation of responsible
persons.
Loreta Miliauskienė, Head of the Economics Department, tel. +370
37 305 855
- KE financial statements 30.06.2022
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