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Business Summary: IDH Development SA, formerly IDH SA, is a Poland-based company engaged in the construction industry. The Company conducts building site preparation activities, including soil compacting and foundation laying. Previously, the Company was engaged in science publishing and information technology (IT) sectors.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, IDH Development SA revenues increased from -PLN6.2M to PLN9.6M. Net income totaled PLN20.4M vs. loss of PLN51.9M. Revenues reflect Sales of Goods and Materials increase from -PLN10.8M to PLN246K, Sales of Products increase from PLN4.6M to PLN9.3M. Net Income reflects Revaluation of Non Finanacial Assets decrease of 96% to PLN1.6M (expense), Other Financial Expense decrease of 100% to PLN4K