Lithuanian intl airports operator nets EUR 1.1 mln in Q1
2017-06-15, 12:01
Published in
Economy
BFL / Andrius Ufartas
Lietuvos Oro Uostai (Lithuanian Airports), the operator of the country's three major international airports, said that its first-quarter revenue jumped by 26.4 % to 7.287 mln euros, from 5.765 mln euros in the same period last year. The company posted a net profit of 1.112 mln euros for January through March, versus a net loss of 705,500 euros a year ago, according to its first-quarter performance report. Aviation revenue surged by 43.3 % y-o-y to 4.741 mln euros and non-aviation revenue went up by 3.6% to 2.458 mln euros. The three airports served 1.06 mln passengers and 12,100 aircraft during the first quarter, up by 14% and 10%, respectively, from a year ago.
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