Over the six months this year the Group which consists of JSC Grigiškės and daughter enterprise Baltwood LTD reached a turnover of LTL 58.0 million (EUR 16.8 million) which is by LTL 19.1 million or 24.7 % less comparing with the same period of 2008, when the Group's turnover outmeasured LTL 77.1 million (EUR 22.3 million). Over the six months of 2009 the Group earned not audited profit before taxes of LTL 0.84 million (EUR 0.24 million). Over the same period of 2008 the Group reached a loss of LTL 0.13 million (EUR 0.04 million). It is planed, that Group‘s turnover in 2009 will be lower by 22.5 % than in 2008 because of economic conditions in the Group‘s sales markets. Gintautas Pangonis General Director (+370-5) 243 58 01
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