On April 25, 2008 the Board of “Linas” AB confirmed not audited finance results of “Linas” AB group of companies of the Ist quarter of year 2008. The incomes of “Linas” AB Group of companies amount to 13.545 thousand Lt (3.923 thousand EUR) for the Ist quarter of year 2008. In 2007 sales incomes made 16.428 thousand Lt (4.758 thousand EUR) during the same period. The loss of Ist quarter of year 2008 made 3.320 thousand Lt (962 thousand EUR) and during the same period of last year the result was 414 thousand Lt (120 thousand EUR) profit before taxation. The results of Ist quarter of year 2008 were influenced by the factors which were not beneficial for business (inflation, increasing expenditures, slow down of the economy). Production cost price of “Linas” AB subsidiary company “Linas Nordic” UAB increased because of price increase for raw materials, increase of salaries and increase of prices for technological energy. Whereas, the prices for sold production were not increasing because the usage of textile items decreased during the economical crisis and strong competition of Asia producers. “Linas” AB finance reports of Ist quarter of year 2008 are prepared acc.to International finance accountability standards. Director Ramunas Lenciauskas Tel.+370 45 506100