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KRE.KA: Decrease in turnover, but also a reduction in losses in the nine months

A decrease in turnover by 5.2%, but also a decrease in losses by 30.2% was recorded in the nine months of 2021 on an annual basis by KRE.KA.

Basic financial figures:

(Pias many as in mm.euro)

Oneμηνο 2021

Oneμηνο 2020

% μchange

ΓThreeμηνο 2021

ΓThreeμηνο 2020

% μchange

Operations’ Circle

16.496

17.398

-5,2%

5.589

5.492

1,8%

Profit / (Loss) before taxes, financial, investment results and depreciation

(325)

(419)

-22,4%

(88)

137

(Losses) before taxes, financial and investment results

(795)

(908)

-12,4%

(233)

(24)

878,2%

(Losses) before taxes

(1.992)

(2.854)

-30,2%

(630)

(428)

47,4%

As can be seen from the list of the basic financial figures for the first half of the year, the company shows a drop in turnover of 5.2% and a decrease in losses in the first half of the year. The third quarter is unprofitable despite the increase in turnover.

The bank liabilities of the company on 30/9/2021 amounted to 30.1 million euros, while the total liabilities amounted to 36.75 million euros. The company’s equity was negative by 21.45 million euros.

The last quarter of the year is expected to be negatively affected by the continuation of the pandemic and the increase in energy costs, which negatively affects consumption.

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Source From: Capital

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