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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 three months ended 31 March 2024, IDH Development SA revenues decreased 79% to PLN248K. Net loss decreased 21% to PLN223K. Revenues reflect Sales of Products decrease of 78% to PLN223K, Sales of Goods and Materials decrease of 82% to PLN25K. Lower net loss reflects Interest Expense decrease of 75% to PLN25K (expense), Depreciation decrease of 13% to PLN152K (expense).