Inpro had PLN 40.63 million net, PLN 61.88 million of EBIT profit in 2021

Inpro recorded PLN 40.63 million of consolidated net profit attributable to shareholders of the parent company in 2021 compared to PLN 63.04 million of profit a year earlier, the company said in the report.

The operating profit amounted to PLN 61.88 million versus PLN 87.03 million profit a year earlier.

Consolidated sales revenues reached PLN 321.4 million in 2021 compared to PLN 382.64 million a year earlier.

“Analyzing the current situation, we know that 2022 will be a year of challenges. Inflation and interest rates are rising, and the situation in Ukraine has a direct impact on the Polish and European economy. The slowdown in sales in the housing market is already taking place, the question is how long will it last? It is difficult to predict the long-term effects of the war at the moment. We have a land bank that allows us to introduce over 1,300 new apartments for sale in 2022. However, our actions in this direction will certainly take into account the maximum flexibility and responsibility as well as adaptation to the economic situation of the country "- wrote Krzysztof Maraszek, the president of Inpro

On a standalone basis, the net profit in 2021 amounted to PLN 29.05 million compared to PLN 54.17 million profit a year earlier.

The Inpro company operates as a developer on the Tri-City market. It has been listed on the WSE since 2011.

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