The financial results of the LUG Capital Group for the first quarter of 2009
30 April 2009
LUG S.A. has published the report for the first three quarters of 2009. The report presents the selected items of the balance, profit and loss account, cash flow and indicatory analysis of the Issuer as well as its dependant companies together with the commentary.
At the operational level the LUG Group has generated good financial results by achieving a 26-percentage income increase in the first quarter of 2009 with comparison to the income of the previous year period. In the scope of economic activity profits, the LUG Company noted a 97-percentage increase for the period between January and March 2009. These satisfying results were corrected down at the financial level by the negative balance of the quotation differences. As a result, the LUG Group noted a 959 000 PLN net waste.
We encourage you to familiarize with the report details.
At the operational level the LUG Group has generated good financial results by achieving a 26-percentage income increase in the first quarter of 2009 with comparison to the income of the previous year period. In the scope of economic activity profits, the LUG Company noted a 97-percentage increase for the period between January and March 2009. These satisfying results were corrected down at the financial level by the negative balance of the quotation differences. As a result, the LUG Group noted a 959 000 PLN net waste.
We encourage you to familiarize with the report details.