Skip to main content

Apranga Group repaid all deferred taxes

Written by Customer Service on . Posted in Public Companies.

Taking into account performance of 11 months of 2021 and planned turnover growth for the year 2022, Apranga Group decided to repay deferred taxes in full and ahead of schedule in all three Baltic countries.

Group‘s companies have concluded the schedule of repaying deferred taxes with the tax authorities since November 2020. All payments were made on time, and the last payment was due in December 2022 but the Group decided to repay all deferred taxes ahead of schedule.

Apranga Group companies were considered as ones of the most affected by the coronavirus outbreak as all Group‘s stores were temporarily closed during the lock-down.

Apranga Group plans to reach EUR 290 million turnover (including VAT) in 2022, or by 28% higher than expected the year 2021 turnover.

In 2022 Apranga Group plans to renovate or open 6-10 stores. Currently Apranga Group operates the chain of 171 stores (102 in Lithuania, 46 in Latvia and 23 in Estonia) covering the gross area of 92.9 thousand sq. m., or by 0.6% less than a year ago.

Rimantas Perveneckas
Apranga Group General Manager
+370 5 2390801

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.