In the last quarter of 2022, the company posted RON102.7 million revenue, up 26%, according to the Bucharest Stock Exchange.
The group posted an IFRS net income of RON57.2 million in the fiscal 2022 (up 12% on 2021), while net income of the fourth quarter reached RON21.8 million, up 92%.
Adjusted for the accounting one-off gain recognized per IFRS in conjunction with the purchase of a 76% stake in Angel’s Estate, the net income reached RON43.2 million in the fiscal 2022 (-5% year on year) and 7.8 million in the fourth quarter of 2022 (+36% year on year).
In 2022, the company’s liabilities increased from RON203.6 million to RON252.9 million, up 24.2%, while marketing and distribution expenses rose 25.5% to RON38.8 million.
(English version by Loredana Fratila-Cristescu)