JSC Latvijas Gāze has concluded amendments to the existing overdraft agreement with OP Corporate Bank plc.
In the first half of 2021, the net turnover of the Group reached EUR 154.3 million, which is 56% more than in the corresponding period in 2020, while the net profit of the Group in the first six months of 2021 is EUR 5.4 million.
AS “Latvijas Gāze” (GZE1R, ISIN LV0000100899) will close the list of shareholders for dividend payment on July 9, 2021 at the end of the working day of the Nasdaq CSD Latvian Settlement System.
Taking into consideration significant natural gas price increase and the need to ensure security of supply for the upcoming winter, JSC Latvijas Gāze has concluded amendments to the existing overdraft agreement with OP Corporate Bank plc.
Due to the expiration of the term of office of three Board members in August 15, 2021, Latvijas Gāze makes changes in the composition of the Board which will take effect on August 16, 2021.
In 2020, Latvijas Gāze group succeeded in attaining a positive result despite the challenges brought on by the market conditions. The Group’s net turnover in 2020 reached 190.5 million EUR, EBITDA amounted to 26.5 million EUR. The Group’s net profit for 2020 was 11.2 million EUR.