In January-July 2018, Lavina SEC (Kyiv), the owner of shopping and entertainment center (SEC) Lavina Mall, received 184.2 million UAH of net profit versus the net loss of 83 million UAH for the same period in 2017, finance reports.
According to the company’s financial statements in the information disclosure system of the National Securities and Stock Market Commission, its net income increased 2.3 times - up to 316.7 million UAH.
The company’s gross profit increased 5 times and amounted to 196 million UAH; the operating profit - 3.7 times, up to 256.7 million UAH.
The uncovered loss of Lavina TEC LLC for the 1st half-year of 2018 was reduced by 47% - to 164.8 million UAH.
The total accounts receivable of the company for the indicated period increased by 31% - up to 671 million UAH.
The long-term liabilities of Lavina LLC increased by 5% - to 1.73 billion UAH; the current liabilities decreased by 17% - up to 833.8 million UAH.