OREANDA-NEWS. August 31, 2015. The unaudited results of AB Amber Grid for the 1st half of 2015 prepared according to the International Financial Reporting Standards:

• Sales for the 1st half of 2015 – EUR 27.3 million (the 1st half of 2014 – EUR 24.9 million);

• Profit before tax for the 1st half of 2015 – EUR 7.0 million (the 1st half of 2014 – EUR 3.4 million);

• Net profit for the 1st half of 2015 – EUR 8.4 million (the 1st half of 2014 – EUR 3.5 million).

The increase of profitability was resulted by lower depreciation expenses. They are calculated on the basis of an assessment of tangible assets for the end of the year 2014.

AB Amber Grid releases unaudited condensed financial statements of the first half of 2015 prepared according to International financial reporting standards and Interim report for the six-month period ended 30 June 2015.