Liivalaia Quarter News Today : Breaking News, Live Updates & Top Stories | Vimarsana

2021 3 months consolidated unaudited interim report
May 06, 2021 01:00 ET
| Source:
Merko Ehitus AS
Merko Ehitus AS
COMMENTARY FROM MANAGEMENT
In Q1 2021, Merko Ehitus posted revenue of EUR 60 million and net profit of EUR 3.4 million, increasing by 7% and 67%, respectively, compared to the previous year. In three months, Merko sold 90 apartments and started construction of more than 560 apartments. The volume of the new construction contracts and secured order book also increased in the first quarter.
The management of Merko Ehitus is satisfied with the financial results of the first quarter. Despite the lack of new commercial real estate projects, the construction market in the Baltic Republics is currently quite active. At the same time, prospects remain unclear due to the continuing pandemic and the global rise in material prices. ....

Vilniaus Apskritis , Republic Of Estonia , Merko Ehitus , Vilneles Skverai , Nordic Hotel Forum , Estonia Medical Centre , Tallink City Hotel , Tallinn School Of Music , Riga University Of Technology , Baltic Republics , Liivalaia Quarter , Kauguri City Park , Youth House , North Estonia Medical Centre , Tallinn School , Riga University , குடியரசு ஆஃப் எஸ்டோனியா , நோர்டிக் ஹோட்டல் மன்றம் , எஸ்டோனியா மருத்துவ மையம் , இளைஞர்கள் வீடு , வடக்கு எஸ்டோனியா மருத்துவ மையம் ,