Lithuania
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Merko Ehitus reports higher sales revenue and net profit in Q2
AS Merko Ehitus’s revenue in the second quarter was EUR 65.9 million and six-month revenue EUR 113.7 million in 2013, representing an increase of 11.5% and 6.4%, respectively, compared with the same period in the previous year. Net profit in the second quarter was EUR 2.3 million and net profit for the first six months …
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Net profit of Merko Ehitus EUR 1.8 million in first quarter
The sales revenue of AS Merko Ehitus in the first quarter of 2013 amounted to EUR 47.9 million, which is on the same level with last year. The majority of the company’s revenue is still generated in Estonia, but revenue in Latvia has doubled compared to the first quarter of 2012. Net profit in the …
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The Supervisory Board of Merko Ehitus approved the dividend proposal and the financial objectives until 2018
The Supervisory Board of Merko Ehitus approved the 2012 annual report and the profit allocation proposal to pay the shareholders EUR 5.31 million as dividends, i.e. EUR 0.30 per share. The company’s financial objectives for 2013-2018 foresee a 10% average return on equity for the period and a higher dividend payout ratio. In the financial …
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The school house built by the subsidiary of AS Merko Ehitus won the prestigious award in Lithuania
Balsiai school in Vilnius completed this autumn by UAB Merko Statyba, subsidiary of AS Merko Ehitus, received one of the gold medals at the competition “Product of the year 2011 of Lithuania” organized by the Lithuanian Confederation of Industrialists. “Unique projects such as Balsiai school, the most stylish school in Vilnius, are very important for …