trending Market Intelligence /marketintelligence/en/news-insights/trending/4paIepeiAU47ZuXFjQsEGQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

AB Linas Q1 profit falls YOY

Industry Top Trends 2021: Metals and Mining

TMT News & Research: 2020 Recap


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

The Evolution Of ESG Factors In Credit Risk Assessment: Corporate Governance

AB Linas Q1 profit falls YOY

AB Linas said its normalized net income for the first quarter was €33,130, a decline of 68.7% from €106,010 in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin declined to 1.4% from 4.0% in the year-earlier period.

Total revenue fell 7.9% on an annual basis to €2.4 million from €2.7 million, and total operating expenses fell year over year to €2.4 million from €2.5 million.

Reported net income decreased 68.7% on an annual basis to €53,010, or 1 cents per share, from €169,620, or 2 cents per share.