Net profit
What is left once every cost and income tax has been taken out of revenue.
Net profit is the bottom line of the financial year: all income less all costs, income tax included. A negative figure is a loss.
Lithuania has one important quirk here. It does not tax profit as it is earned, only profit as it is distributed — income tax arises when profit is paid out as a dividend. Many profitable Lithuanian companies therefore report zero income tax for the year. That is not an error in the report.
Net profit is also the amount by which equity grows over the year, if nothing is paid out.
Net profit in figures
Values from published annual reports. 143,347 companies could be ranked — a company that did not report this figure is not in the list.
- 1UAB "Thermo Fisher Scientific Baltics"€450,984,395
- 2MAXIMA GRUPĖ, UAB€248,448,000
- 3AB "Ignitis gamyba"€155,691,000
- 4AB "Ignitis grupė"€114,587,000
- 5UAB "TELE2"€113,146,000
Where this figure comes from
Read from the “Annual profit (loss)” line of the income statement in the annual report.