Emitents | Latvijas kuģniecība, AS (48510000VYR04HZGC213) | ||||||||||||||||||||||||||||
Veids | Finanšu pārskati | ||||||||||||||||||||||||||||
Valoda | EN | ||||||||||||||||||||||||||||
Statuss | Publicēts | ||||||||||||||||||||||||||||
Versija | |||||||||||||||||||||||||||||
Datums | 2017-05-26 09:59:39 | ||||||||||||||||||||||||||||
Versijas komentārs | |||||||||||||||||||||||||||||
Teksts |
JSC “Latvijas kuģniecība” (LSC Group) revenue for Q1 2017 was USD 24.43 million (USD 25.16 million in Q1 2016) due to weaker net voyage results of USD 19.47 million (USD 22.80 million in Q1 2016). Net profit in Q1 2017 was USD 0.16 million (net profit USD 4.11 million in Q1 2016). The key financial indicators for LSC Group for Q1 for the last three financial years are as follows (USD million):
There are no changes in the commercial fleet (16 vessels). JSC
“Latvian Shipping Company” continued the strong emphasis on third
party vessel technical management by the LSC subsidiary “LSC
Shipmanagement” Ltd (LSCSM). Under its technical management LSCSM
as of May 2017 had 24 vessels in total, including 8 third party
tankers.
LSC Group vessel loan refinancing was completed on February
28, 2017 in the amount of USD 121 million with a syndicate of three
banks with a repayment deadline of the 30th of June 2022.
Disposal of “LASCO Investment” Ltd. real estate properties is
still ongoing.
About JSC “Latvian Shipping Company”
JSC “Latvian Shipping Company” (Nasdaq Riga: LSC1R) is vessel
owner in the segment of medium and handy size tankers. The company
owns 16 modern vessels employing more than 1300 professional and
high-skilled seamen from Latvia. Besides, LSC subsidiary “LSC
Shipmanagement” Ltd is technically serving 8 more vessels, thus
managing a fleet of 24 vessels. The average age of the LSC fleet is
9 years. All of the vessels have received ISM (International Safety
Management) certificates.
Artis Ozolins, Communications Consultant
JSC “Latvian Shipping Company”
Telephone: +371-26179051
E-mail: AOzolins@golin.com
www.lk.lv
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