AB K2 LT Interim information K2 LT financial results for the first six months of 2022
During the first half of 2022 the Company completed 4'367 cremations. It is 4% less compared to the same period in the 2021 (4'558). During the first half of 2022 revenue of JSC K2 LT, compared to the same period in 2021, decreased by 3%, reaching €1.21 million. Net profit for the period decreased by 21% compared to the same period in 2021 and reached €495 thousand while EBITDA decreased by 18% and reached €695 thousand.
Decreased revenue and profit is mainly caused by lower number of deaths in Lithuania. In first half of 2022 there were 12% less deaths than during the same period in 2021.
"Rekviem LT", owned by JSC "K2 LT", revenue for the first halt of 2022 amounted €414 thousand. Pre-tax profit for the first half - €61 thousand.
Bernardas Vilkelis
AB "K2 LT" CEO
bernardas@k2lt.lt
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K2 LT 2022 H1 FA.pdf
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K2 LT AB published this content on 29 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 July 2022 07:22:07 UTC.
