Correction: AS Tallinna Vesi Supervisory Council confirmed 2021 financial results
01 Aprile 2022 - 10:58AM
Correction: AS Tallinna Vesi Supervisory Council confirmed 2021
financial results
AS Tallinna Vesi corrects the stock exchange
announcement „AS Tallinna Vesi Supervisory Council confirmed 2021
financial results“ published on 01.04.2022 by adding an independent
auditor's report to the announcement.
The Supervisory Council of AS Tallinna
Vesi approved the audited financial results for the year
2021. The
financial results remained unchanged compared to the preliminary
disclosure on 28
January
2022.
The Company’s total sales revenue for 2021 was
€53.29 million, showing an increase of 3.0% or €1.58 million
year-on-year. Sales from water services decreased by 1.6% amounting
to €45.06 million. Sales of construction services were €7.33
million, increasing by 40.3%.
AS Tallinna Vesi’s 2021 operating profit was
€18.78 million, decreasing by 13.8% or by €3.01 million compared to
2020. The change was mainly impacted by higher direct production
costs on electricity and chemicals and by freezing change of
provision formed for possible third-party claims in Q4. Net profit
in 2021 was €16.17 million, being 3.4% or €0.57 million lower than
in 2020.
Audited financial results for the year 2021 have
been included as an attachment to current announcement and can be
found on our webpage.
Laura KorjusAS Tallinna VesiHead of Communications(+372) 62 62
271laura.korjus@tvesi.ee
- Tallinna Vesi 2021 konsolideeritud majandusaasta aruanne
est
- 2021 ASTV_Annual_Report
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