LATVIJAS TILTI AS non-audited financial report for the period ended March 31, 2015


In 3-month period of 2015  the Company's net sales amounted to 2 585 103 EUR. In reporting period works are continuing in following construction units: "Reconstruction of the berth of the Freeport of Ventspils administration", "Renovation of Salu bridge" Latvia,  "Reconstruction of the pier Nr.67 and Nr.68" Lithuania,  "Construction of Detour Road Panemunes - Sovetsk with the Bridge over River Nemunas", Lithuania and "Design and construction of Nehatu bridges on Tallin-Narva road, Estonia". Works in construction units: "Construction of the Pier No 12 of Ventspils Free Port", "Reconstruction works at Geležinio Vilko street from A.Goštauto street till M.K.Čiurlionio street in Vilnius"  and  "Ventspils Free Port 1st pier dismatling" are done.

  March 31, 2015   March 31, 2014
       
  EUR   EUR
       
Net turnover 2 585 103   7 449 839
Manufacturing cost of products sold          (2 540 249)       (7 250 622)
Gross profit 44 854   199 217
Cost of sales                  (2 577)               (3 067)
Administration costs             (115 518)           (115 805)
Other incomes from Company’s business activity 176 514   62 438
Other expenses for Company’s business activity                (28 011)             (20 558)
Other interest-bearing income, and similar incomes 139   5
Interest payments and similar expenses                (47 708)             (64 426)
Profit or loss before extraordinary items and taxes 27 693   57 804
Profit or loss before taxes 27 693   57 804
Other taxes                  (6 055)               (5 047)
Profit or loss for reporting period after taxes 21 638   52 757
       
Rate "Earnings per share" (EPS) 0,02   0,06

Principal activities of JSC "LATVIJAS TILTI" are construction of bridges and other objects, production of concrete constructions.

         Regina Vitrjaka
         Finance director
         +371 67251372
         office@latvijas-tilti.lv


Attachments

LATVIJAS_TILTI_non_audited_financial_report_for_the_period_ended_March_31_2015.pdf