Emitents | Latvijas kuģniecība, AS (48510000VYR04HZGC213) | ||||||||||||||||||||||||||||
Veids | Finanšu pārskati | ||||||||||||||||||||||||||||
Valoda | EN | ||||||||||||||||||||||||||||
Statuss | Publicēts | ||||||||||||||||||||||||||||
Versija | |||||||||||||||||||||||||||||
Datums | 2016-05-27 09:21:07 | ||||||||||||||||||||||||||||
Versijas komentārs | |||||||||||||||||||||||||||||
Teksts |
The total revenue of JSC “Latvian Shipping Company” and its subsidiaries in Q1 of 2016 was USD 25.16 million, reaching an improved and stable net voyage result of USD 22.80 million in this period.
The company’s net profit in Q1 of 2016 reached USD 4.11 million.
The fleet operating profit in the reporting period was USD 16.31
million, which is considerably higher than in the same period a
year ago when it was USD 13.10 million.
The key financial indicators for LSC Group for Q1 for the last
financial years are as follows (USD million):
There
have been no changes in the commercial fleet (sixteen tankers), in
turn, “LSC Shipmanagement” Ltd has put huge efforts into increasing
amount of activity, which has resulted in the conclusion of new
agreements on providing ship technical management services to three
third party owned vessels. The company is currently managing a
fleet of 23 vessels, which consists of 16 own vessels and 7 vessels
under its technical management.
Disposal of real properties owned by SIA “LASCO Investment” is
currently actively implemented, the sale process of “Lejastiezumi”
was completed in April, and offers for other properties have been
received from potential buyers. At the same time, liquidation and
restructuring of LSC Group companies in Latvian and foreign
jurisdictions are ongoing.
In relation to LSC’s liabilities, negotiations are currently held
with banks regarding refinancing
the existing credit liabilities.
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 7 more vessels, thus managing a fleet of 23
vessels. The average age of the LASCO fleet is 8 years. All of the
vessels have received ISM (International Safety Management)
certificates.
Further
information:
Ketija
Strazda, Communications Consultant
JSC “Latvian
Shipping Company”
Telephone:
+371-26200580
E-mail:
Ketija.Strazda@mccannconsulting.lv |
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Pielikumi |