The company posted a net profit of 33.41 million euros for 2014.
Sales revenue last year fell by 12.1% to 203.1 million euros, from 231.08 million euros in 2014, LEG said in a stock exchange release.
The company recognized a one-off loss of 30 million euros due to the decommissioning of Units 5 and 6 at the Elektrenai plant.
LEG's EBITDA last year fell to 49.71 million euros, down 22.4% from 64.02 million euros in 2014.
State-owned Lietuvos Energija (Lithuanian Energy) holds 96.13% of shares in LEG, which is quoted on the blue-chip Main List of the Nasdaq Vilnius stock exchange.