The company’s income last year reached 34.2 million. euros and was 10 percent. higher than in 2022 (30.9 million euros), it is announced in the “Ltintus” reports submitted to the Center of Registers.
The company’s profit before taxes amounted to 2.3 million. euros and was 2.9 times higher than last year (0.8 million euros).
Last May, Ltintus opened one of the largest window factories in the Baltic States in Šiauliai, in which 12 million was invested. euros. It was announced that 170 new people were employed in the new factory.
In the company’s annual report, it is stated that the higher profit than in previous years was determined by the increased number of sales and the decrease in the prices of raw materials and energy resources.
In order to expand the space in the production premises, this year the company intends to build an additional storage building. Another production line for a new product is also planned – the production of aluminum windows.
The turnover of “Ltintus” is expected to increase by about 40 percent this year, and 5-7 percent is also planned. increase in net profitability, published in the company’s reports.
The company exports all its products to the USA.
Last year, the average number of employees at Ltintus was 291 (280 in 2022).
According to “Sodros”, the company currently has 361 employees.
Tags: Due increase sales profit Ltintus increased times million year euros Business
