PHN had PLN 78.7 million in net profit, and PLN 168.6 million in EBIT in 2021

Polski Holding Nieruchomości (PHN) recorded PLN 78.7 million of consolidated net profit attributable to shareholders of the parent company in 2021, compared to PLN 72 million of profit a year earlier, the company said in the report.

“In 2021, the PHN capital group achieved stable financial results thanks to the consistently conducted diversification of activities and strict cost control. Net profit [in total] increased to PLN 73.7 million compared to PLN 70.1 million in 2020. " - we read in the announcement on the results.

The operating profit amounted to PLN 168.6 million versus PLN 173.3 million profit a year earlier.

Consolidated rental income reached PLN 187.4 million in 2021 compared to PLN 188.9 million a year earlier.

“We have a year in full conflict. Allow for future financial results and many new results. We have made our way through the pandemic unscathed and laid the foundations for our business. We run a diversified business, we help us strengthen our position in various market segments - commented President Marcin Mazurek, quoted in the communication.

On a standalone basis, net profit in 2021 equipment PLN 72.7 million compared to PLN 8.1 million previously a year earlier.

Polski Holding Nieruchomości is one of the current services in Poland on the state website of real estate under value. Since 2013, PHN has been listed on the WSE.

Source