OREANDA-NEWS. On 24 July 2008 was announced, that Preliminary unaudited operating results of Rytu Skirstomieji Tinklai Group for the first half of 2008 according to International Financial Reporting Standards:

 - operating income - LTL 603.3 mln (EUR 174.9 mln), a rise of 14.9 pct versus the year-earlier figure of LTL 525.1 mln (EUR 152.2 mln);

 -  pre-tax profit - LTL 10.8 mln (EUR 3.1 mln), down by LTL 21.2 mln (EUR 6.1 mln) from LTL 32 mln (EUR 9.28 mln) in the first half of 2007;

 -  net profit - LTL 8.4 mln (EUR 2.4 mln), down by LTL 17.7 mln (EUR 5.1 mln) from the year-earlier figure of LTL 26.1 mln (EUR 7.57 mln).

 - The main reason for the decrease in profit was a rise in the value of long-term tangible assets included in the Company's financial statements as of 31 December 2007, which increased costs significantly.