Published: 2020-07-31 08:00:00 CEST
K2 LT
Interim information

AB K2 LT financial results for the first six months of 2020

During the first half of 2020 the Company completed 3’975 cremations. It is 67% more compared to the same period in the 2019 (2’383). During the first half of 2020 revenue of AB K2 LT, compared to the same period in 2019, increased by 58%, reaching €1.1 million. Net profit for the period increased by 2.5 times compared to the same period in 2019 and reached €561 thousand while EBITDA increased by 2.4 times and reached €746 thousand.

The Company expects 7’000 cremations and to make €900 thousand net profit for the full year 2020.

Bernardas Vilkelis

AB “K2 LT” CEO

bernardas@k2lt.lt; +370 686 62266


K2LT_2020_H1_FS.pdf