Business activity results of the 9 months of the year 2023
28 November 2023 - 1:27AM
Business activity results of the 9 months of the year 2023
The Management Board of AB Kauno Energija
(hereinafter – the Company) (code – 235014830) assessed the results
of Company’s business activity of 9 months of the year 2023 and
financial state as at September 30, 2023 and approved AB Kauno
Energija consolidated and Company’s non-audited results of 9 months
of the year 2023.
The result of Company’s business activities of 9
months of the year 2023 according to the International Financial
Reporting Standards as adopted by the European Union is profit in
amount of EUR 533 thousand (the result of 9 months of the year
2022 was loss amounted to EUR 443 thousand), turnover
from sales is EUR 56,210 thousand (in 9 months of the year
2022 it was amounted to EUR 48,880 thousand). The result of
activities of the Group which consists of AB Kauno Energija and
its’ subsidiaries UAB GO Energy LT (code – 303042623) of 9
months of the year 2023 is profit in amount of EUR 1,063 thousand
(the result of 9 months of the year 2022 was profit EUR 548
thousand), turnover from sales is amounted to EUR
56,385 thousand (turnover from sales of 9 months of the year
2021 is amounted to EUR 48,774 thousand).
The rate of critical liquidity of the Company as at the end of
the reporting period (September 30, 2023) that makes comparison
between short term assets without stocks and short term
liabilities, increased from 1.33 to 1.54 during the period from the
end of the year 2022 (the rate of the Group increased from 1.36 to
1.67). The EBITDA of the Company of the 9 month of the year 2023 is
EUR 6,076 thousand (EBITDA of the 9 month of the year 2022 was EUR
4,648 thousand), and EBITDA of the Group is EUR 6,689 thousand
(EBITDA of 9 month of the year 2022 was EUR
5,030 thousand).
We hereby present an Interim Non-Audited Financial Statements of
9 month of the year 2023 together with the confirmation of
responsible persons.
Loreta Miliauskienė, Head of the Economics Department, tel. +370
69815118
- Financial statemens 30.09.2023
Kauno Energija Ab (LSE:0MRQ)
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