| Emitents | Latvijas kuģniecība, AS (48510000VYR04HZGC213) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Datums | 2016-03-21 16:41:07 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Teksts |
JSC “Latvian Shipping Company” holding company closed the year 2015 with a profit of 1 million EUR.
In 2015 JSC “Latvian Shipping Company” (LSC) operated with a profit
of 1 million EUR comparing to profits of 1.6 million EUR in 2014.
The profit was higher in 2014 due to the sale of non-core asset
owned directly by LSC.
JSC “Latvian Shipping Company” Group performance
results
The financial result of LSC Group for 2015 amounted to a loss of
7.22 million USD
due to a loss arising from the reconsolidation of “LASCO
Investment” Ltd. group with negative financial effect in the amount
of USD 22.74 million. In 2014 LSC Group suffered a loss in the
amount of 31.16 million USD.
2015 was an important year for the Company as a series of
settlement agreements were signed with a number of individuals,
including Former Management Board and Supervisory Council members
thus terminating unwanted disputes and allowing the Group to
concentrate on its core business.
Financial results of LSC Group in the audited report do
not differ significantly from the unaudited report and are
following:
Attached: the LSC Group audited annual report 2015, the LSC parent
company audited annual report 2015 and the corporate governance
report.
About
JSC “Latvian Shipping Company”
JSC
“Latvian Shipping Company” (NASDAQ RIGA: LSC1R) is among the
biggest vessel owners in the segment of medium and handy size
tankers and takes leading positions in terms of the transported
amount of petroleum products among similar companies in Northern
Europe. The company owns 16 modern vessels employing more than 1300
professional and high-skilled seamen from Latvia. Besides, it is
technically serving five more vessels, thus managing a fleet of 21
vessels. The average age of the LASCO fleet is 8 years. All of the
vessels have received ISM (International Safety Management)
certificates.
Elīna
Dobulane, Communications Consultant
JSC
“Latvian Shipping Company”
Telephone:
+371-25959447
E-mail:
elina.dobulane@vnafta.lv |
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