Preliminary Unaudited Consolidated Performance Results of LITGRID Turtas AB Group for 2010

LITGRID Turtas AB Group results for the period from 2010.12.01 to 2010.12.31


Vilnius, Lithuania, 2011-02-28 18:37 CET (GLOBE NEWSWIRE) --  Preliminary unaudited consolidated performance results of LITGRID Turtas AB group for 2010:

- income – LTL 97.4 million (EUR 28.2 million);

- pre-tax profit – LTL 3.1 million (EUR 0.9 million);

- net profit – LTL 2.7 million (EUR 0.8 million).

Group figures reflect the period from its establishment to December 31, 2010. Total income of LITGRID AB is consolidated to LITGRID Turtas group from the date of control acquisition, i.e. December 1, 2010. The profit of LITGRID AB group for 2010 is included into non-appropriated profit of LITGRID Turtas AB group.

We hereby present the confirmation of responsible persons of LITGRID Turtas AB and consolidated non-audited interim financial statements for twelve months of 2010.

         Vilija Railaitė
         Head of Communications
         Phone +370 5278 2361
         Mobile +370 613 19977
         E-mail vilija.railaite@litgrid.eu


Attachments

LITGRID turtas AB consolidated and companies interim financial statements for  2010.pdf
GlobeNewswire

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