DGAP-Ad-hoc: TMM Real Estate Development Public Limited / Key word(s): Half
Year Results
TMM Real Estate Development Public Limited: H1 2018 Results Publication
01-Nov-2018 / 17:18 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
*Kyiv, 1 November 2018* - TMM Real Estate Development Public Limited (ISIN:
US87260H1041) ("TMM" or the "Company") announces publication of its
unaudited condensed consolidated interim financial statements as at 30th
June 2018. The financial statements were prepared in accordance with IAS 34
Interim Financial Reporting.
The *revenue* increased by 40% y-o-y, amounting to *USD 9.1 million* (USD
6.5 million in H1 2017). The *profit for the period* amounted to *USD 0.9
million* compared to the loss of USD 2.2 million in H1 2017.
*Key Financial Highlight**s*:
_In USD thousands_ *H1 2018* *H1 2017*
Revenue 9,129 6,514
Gross profit 2,343 978
Operating profit / (loss) 1,261 493
Profit / (loss) before tax 1,094 -2,384
Profit / (loss) for the period 934 -2,156
Total assets 104,151 107,136
Net debt* 50,057 50,427
The consolidated financial statements as at 30th June 2018 are published at
the Company's website: www.tmm.ua/en/investors [1]
_*- Net Debt is calculated as total interest bearing loans and borrowings
less cash and cash equivalents_
*About TMM*:
TMM Real Estate Development Public Limited carries out its main activities
through its wholly owned subsidiary, "T.M.M."-Ltd., Ukraine. "T.M.M."-Ltd.
is a leading Ukrainian real estate development and construction company
delivering residential, office and commercial real estate projects in Kyiv,
Kharkiv, and other regions. During its history, the company has completed
over 30 projects totalling to around 750 thousand sq m.
For further questions, please contact:
*Galyna Posypailo *
Investor Relations Manager
galyna.posypailo@tmm.ua
Tel: +380 044 593 07 24
*Larysa Chyvurina*
Chief Financial Officer
larisa.chyvurina@tmm.ua
Tel: +380 044 593 07 11
01-Nov-2018 CET/CEST The DGAP Distribution Services include Regulatory
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740561 01-Nov-2018 CET/CEST
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=77ae0cad0b264dccd382bb2a8d1b0e4b&application_id=740561&site_id=vwd&application_name=news
(END) Dow Jones Newswires
November 01, 2018 12:18 ET (16:18 GMT)
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