In 2024, Poznyaky-Zhytlo-Bud PrJSC (Kyiv) reduced its net profit by 13.4 times to UAH 1.47 million, while its revenue decreased by 22.3% to UAH 186.7 million.
According to the company’s financial results published in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), its gross profit decreased by 47.5% to UAH 43.3 million.
Last year’s loss from operations amounted to UAH 33.3 million, compared to a profit in 2023. Poznyaky-Zhytlo-Bud’s retained earnings amounted to UAH 3.6 million. By the end of the reporting period, long-term liabilities increased by 60% to UAH 5.2 million, while current liabilities increased by 6.3% to UAH 2.51 billion.
In general, the value of Poznyaky-Zhytlo-Bud’s assets increased by 6.4% last year and reached UAH 2.52 billion.
It is noted that the company’s bonds have been redeemed since January 2024. Thus, the redemption of I2, L2 and M2 series bonds is carried out by transferring apartments in the Taryan Towers residential complex (12 John Paul II Street in the Pechersk district of Kyiv), and J2 and N2 series bonds – by newly built parking spaces in the said residential complex.
The company reported that it continues to build Taryan Towers, which consists of three buildings with 572 apartments with a total area of more than 62 thousand square meters, and is also conducting preparatory work to start construction work on the NVER residential complex project on Lesia Ukrainka Boulevard in Kyiv. According to the project, 279 apartments with a total area of 28 thousand square meters will be built in two towers of the complex.
According to the National Securities and Stock Market Commission, as of the end of 2024, Ruzanna Kahramanyan is the shareholder of Poznyaky-Zhytlo-Bud (100%).
Poznyaky-Zhytlo-Bud PrJSC was founded in 2002 and specializes in the construction of elite residential real estate, commercial real estate and social infrastructure.
According to the company’s website, its portfolio of completed construction projects includes residential and office complexes with an area of more than 1 million square meters.
Since December 2015, Poznyaky-Zhytlo-Bud Corporation has been a part of the investment and development group of companies Taryan Group (Kyiv), established in 2011 by Artur Mkhitaryan, former president of Poznyaky-Zhytlo-Bud PrJSC.