Головна сторінка
/
Новини
/

TKS’ net revenue totals USD 53.1 mln in 2007

TKS’ net revenue totals USD 53.1 mln in 2007

21 May 2008

TKS Real Estate (37W1: BUY) ended 2007 with sales of USD 7.6 mln, EBITDA of 56.8 mln and net income of USD 54.2 mln, according to IFRS accounts released yesterday in a conference call with investors. Andriy Gostik: The company’s 2007 net revenue beat our estimate by 4.5 times. The major revenue contributor last year was residential sales in the amount of USD 3.0 mln, which we did not expect to be realized until 2008. Rental revenue of USD 1.9 mln slightly exceeded our forecast of USD 1.7 mln, the only sales component we projected in 2007. The balance came from TKS’ non-core businesses (construction services and concrete production), which added USD 2.7 mln to sales and was not accounted for in our model. TKS’ reported EBITDA and net income included a revaluation gain component and after adjustment came close to our projections of USD 1.6 mln and USD 0.6 mln, respectively. TKS’ reported historical NAV (shareholder’s equity) totaled USD 211 mln.

Останні новини

News

23

02/2022

Separatists may claim entire territories of two Ukrainian regions

Russia has recognized “all fundamental documents” of the self-proclaimed Donetsk and Luhansk People’s Republics (DNR...

News

23

02/2022

U.K. to provide USD 500 mln loan guarantee for Ukraine as IMF mission starts

The British government is going to provide up to USD 500 mln in loan guarantees...

News

23

02/2022

MinFin bond auction receipts jump to UAH 3.5 bln

Ukraine’s Finance Ministry raised UAH 3.3 bln and EUR 7.2 mln (the total equivalent of...