Business news from Ukraine

“Poznyaky-Zhil-Bud” increased its net profit by 3.3 times

Poznyaky-Zhil-Bud PrJSC (Kyiv) increased its net profit by 3.3 times to UAH 19.8 million in 2023.

According to the company’s financial results, published in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), net income also increased 3.3 times to UAH 240.6 million.

In 2023, Poznyaky-Zhil-Bud’s retained earnings amounted to UAH 2.1 million. By the end of the reporting period, long-term liabilities decreased by 41.3% to UAH 3.2 million, while current liabilities increased by 5.4% to UAH 2.36 billion.

In general, the value of Poznyaky-Zhil-Bud’s assets increased by 6.2% last year to UAH 2.37 billion.

The company did not provide information on the distribution of dividends for 2023.

According to the NSSMC, as of the third quarter of 2023, Ruzanna Kahramanyan (100%) is the shareholder of Poznyaky-Zhil-Bud.

Poznyaky-Zhil-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 over 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.

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