Wikana had 36.32 million of net profit, PLN 46.47 million in EBIT profit in 2021

Wikana recorded PLN 36.32 million of consolidated net profit attributable to shareholders of the parent company in 2021 compared to PLN 5.08 million of profit a year earlier, the company said in the report.

The operating profit amounted to PLN 46.47 million compared to PLN 10.64 million profit a year earlier.

Consolidated sales revenues reached PLN 138.22 million in 2021 compared to PLN 71.85 million a year earlier.

“Last year was a very successful period for the Wikana Group, also in terms of the financial results achieved. We finished it with the highest revenues (PLN 138.2 million), EBIT (PLN 46.5 million) and net profit (PLN 36.3 million) in the history of the group. The key impact on the results achieved last year was the handover of 253 units in Wikana Square in Rzeszów - a unique project, enjoying great popularity among customers, also distinguished by its profitability. In total, in 2021, we handed over to customers 312 residential and commercial premises. At the same time, last year we concluded 324 developer and preliminary sales agreements for premises, which is the highest sales result in a decade, ”wrote President Piotr Kwaśniewski in the letter attached to the report.

On a standalone basis, the net profit in 2021 was PLN 14.84 million, compared to PLN 9.26 million in profit a year earlier.

The Wikana Group is one of the largest developers operating in south-eastern Poland. Since 1997, the company's shares have been listed on the Warsaw Stock Exchange.

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