| Emitents | Latvijas kuģniecība, AS (48510000VYR04HZGC213) |
| Veids | Finanšu pārskati |
| Valoda | EN |
| Statuss | Publicēts |
| Versija | |
| Datums | 2011-11-22 13:22:02 |
| Versijas komentārs | |
| Teksts |
RIGA, LATVIA. JSC Latvijas kugnieciba (Latvian Shipping Company; NASDAQ OMX RIGA: LSC1R) and its subsidiaries (hereafter – LSC Group or Group) financial results for Q1-Q3/2011 were negative with a net loss amounting to USD 30.41 million (LVL 15 million or EUR 21.5 million), similar to net loss in the same reporting period last year. A large part of the reporting period loss (LVL 6.4 million or EUR 9.2 million or USD 12.56 million) relates to the provisions made for the assets which are held for sale and therefore has no negative cash-flow impact. In Q3/2011 LSC Group continued to work to improve the company’s work efficiency and optimize administrative costs which now are reduced by 33% when compared with the same period in 2010. At the end of the reporting period Q1-Q3/2011, the total value
of the LSC Group assets has not fundamentally changed and at 30th
September 2011 it was USD 676.97 million (LVL 349.32 million or EUR
497.03 million).
Management of JSC “Latvijas kugnieciba” plans to advise
investors of more detailed plans for the future development of the
company in the early December, 2011.
.
About JSC “Latvijas kuģniecība”
In the medium-sized or handy tankers
category JSC „Latvijas kuģniecība” is among the leading ship owners
in the world, and in terms of transport volumes of petroleum
products it is also in a leading position among similar
companies in Northern Europe. It owns 20 modern ships,
employing more than 700 professional and highly qualified seamen
from Latvia. The total carrying capacity of the LK fleet is nearly
one million DWT and the average age of the fleet does not exceed 5
years. All ships have received ISM (International Safety
Management) certificates.
Ilze Nagla
Public Relations Manager
JSC “ Latvijas kuģniecība”
Tel .: +371-29267454, +371-67715914
e-mail: ilze.nagla@vnafta.lv |
| Pielikumi |