The Baltics Today

Lietuvos Pastas posts EUR 19,000 in net profit in Q1

The state-owned company Lietuvos Pastas (Lithuania Post) has ended the first quarter of 2014 with an operating profit of LTL 360,000 (EUR 104,000). The net profit has made LTL 65,000 (EUR 19,000). Based on unaudited data, Lithuania Post's EBITDA (earnings before interest, taxes, depreciation and amortization) margin was 3.8% making LTL 1.79 million (EUR 518,000). This makes 36% more than recorded during the same period in 2013, reported BC posts’s press service.... Read more...

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