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Business Summary: Triton Development SA is a Poland-based holding company, which is engaged in the real estate sector. It offers apartments of the luxury and higher standard located mainly in Warsaw, Poland, such as: Triton Winnica, Triton Kampinos, Triton Park and Triton Francuska, among others. As of December 31, 2011, the Company operated eight subsidiaries engaged in real estate development and management, including Triton Investment Sp. z o.o., Triton Winnica Sp. z o.o. and Triton Kamponos Sp. z o.o., among others.
Financial Summary: BRIEF: For the nine months ended 30 September 2023, Triton Development SA revenues decreased 69% to PLN7.5M. Net loss totaled PLN3.3M vs. income of PLN104K. Revenues reflect Developers segment decrease of 83% to PLN3.5M. Net loss reflects Selling and Administrative Expenses increase of 9% to PLN6.6M (expense), Other Operating Costs increase of 60% to PLN483K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from PLN0.02 to -PLN0.52.