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Lithuania's Utenos Trikotazas group raises Jan-Sep profits to EUR 827,000 y-o-y
BC, Vilnius, 31.10.2016.
Print version
Print versionUtenos Trikotazas (Utena Knitwear), Lithuania's largest knitwear manufacturer operated by SBA concern, netted 827,000 euros in consolidated profits in the first nine months of 2016, up from a net loss of 65,000 euros y-o-y, reports LETA/BNS.
The group's consolidated revenue from sales were 16.702 mln
euros in the January-September period, which is an increase by 18.7 %, from
14.705 mln euros, in the same period last year, Utenos Trikotazas said in a report.
Utenos Trikotazas'
earnings before interest, taxes, depreciation and amortization (EBITDA) stood
at 1.596 mln euros in the three quarters of 2016, up by 76.7% y-o-y.
Utenos
Trikotazas' shares are quoted on the blue-chip Main List of the
Nasdaq Vilnius stock exchange.
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