Unaudited consolidated interim condensed financial statements for the 9-month period, ending on 30 September 2021 have been published
The Latvian transmission system operator JSC Augstsprieguma tīkls has published unaudited interim financial statements for the period ended 30 September 2021.
AST's revenue in the first 9 months of 2021 was 82 million EUR, but the profit - 64 million EUR. AST Group's revenue totalled EUR 123 million EUR, out of which profit was 15 mln. EUR. AST's high profit-to-income ratio is the result of the dividends received from JSC Conexus Baltic Grid amounting to 58 million EUR.
All reports are available on the AST website https://www.ast.lv/en/content/financial-statements in the unaudited condensed financial statements section.
About JSC Augstsprieguma tīkls
AST is Latvia's electricity transmission system operator, providing uninterrupted, secure and sustainably efficient electricity transmission throughout Latvia. Its vision is to become the region's leading transmission system operator, implementing development-oriented change in an efficient and successful way. AST owns 68.46% of the capital shares of the natural gas transmission and storage system operator JSC Conexus Baltic Grid.