Wednesday, May 18, 2022

The 32 Companies in Lithuania Reporting Their Profits in 2021, 2020 and 2019 Generated Total Bottom-Line Profits in 2020, the First Year of the Worldwide COVID Pandemic, Which Increased By a Very Impressive 38% From That in 2019. Lithuania (+38%), Ukraine +446%) and Denmark (+5%) Are the Only Three Countries That I Have Researched So Far Whose Companies Had Total Bottom-Line Profits in 2020 That Were Higher Than That in 2019. For Instance, Russia's 199 Companies Reporting Their Earnings in Russian Rubles in Both 2020 and in 2019 Saw Their Total Bottom-Line Profits in 2020 Decline By 61% From That in 2019.

From the Lithuanian Companies included in the Nasdaq Baltic Vilnius Market, there were 32 Companies headquartered in Lithuana that reported their Profits in accordance with International Accounting Standards approved by the EU for all of the most recent three fiscal years 2021, 2020 and 2019.

From the annual reports included in the Reports section for each Lithuania Company, the table below shows the Consolidated Net Profit (Loss) from continuing operations for fiscal years 2021, 2020 and 2019 for each of these 32 Lithuanian Companies.

I have to say that the Nasdaq Baltic Market website is the most user-friendly Reporting System I have ever experienced.