Emitents | Latvijas kuģniecība, AS (48510000VYR04HZGC213) | ||||||||||||||||||||||||||||
Veids | Finanšu pārskati | ||||||||||||||||||||||||||||
Valoda | EN | ||||||||||||||||||||||||||||
Statuss | Publicēts | ||||||||||||||||||||||||||||
Versija | |||||||||||||||||||||||||||||
Datums | 2016-09-05 17:01:12 | ||||||||||||||||||||||||||||
Versijas komentārs | Made corrections: Full version of the 6 month report is repeatedly published, previously published 6 month report was lucking several pages due to the technical reasons which occurred due to the formatting mistake to pdf. | ||||||||||||||||||||||||||||
Teksts |
The Latvian Shipping Company and its subsidiaries (LSC Group) revenue for Q2 2016 was USD 50,08 million (USD 45,81 million in Q2 2015) with a stable net voyage result for the period of USD 44,92 million.
The net loss for Q2 2016 was USD 6,66 million. Fleet operating
profit was USD 30,17 million in Q2 2016 – higher than the same
period in the previous year (USD 26,93 million). The total net book
value of the LSC Group’s fleet at 30th June 2016 was 303.94 million
USD (31 December 2015: USD 328.49 million), which is calculated
using the total vessel cost at the date of delivery less
accumulated depreciation and accumulated impairment losses during
its useful life, if any.
The key financial indicators for the LSC Group for Q2 for the last
three financial years were as follows (USD million):
There were no changes in the commercial fleet (sixteen vessels); in
the first half of the year “LSC Shipmanagement” Ltd was contracted
to technically manage three additional third party tankers (twenty
three vessels in total, including seven third party
tankers).
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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