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First half 2008 year result of Vilniaus Baldai AB

Net loss of Vilniaus baldai AB during June 2008 was 1 466 thousand LTL (425 thousand EUR), June of previous year – net profit of 246 thousand LTL (71 thousand EUR). 

EBITDA during June 2008 was minus 0,09 million LTL (0.026 million EUR). Year ago it was 2.05 million LTL (0.59 million EUR).

Net loss during 6 months 2008 was 3 743 thousand LTL (1 084 thousand EUR), same period year 2007 – net profit of 674 thousand LTL (195  thousand EUR).         

Result for period 2008 January-April considers loss of 2 125 thousand LTL (615 thousand EUR) realized due to accounting of shares of UAB Giriu bizonas using equity method.

Period end EBITDA was 3.82 million LTL (1.11  million EUR). Year ago it was 7.96 million LTL (1.92 million EUR).