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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 2024, Triton Development SA revenues increased from PLN7.5M to PLN16.3M. Net loss increased 35% to PLN4.5M. Revenues reflect Developers segment increase from PLN3.5M to PLN12.1M, Rental Services segment increase of 4% to PLN3.3M. Higher net loss reflects Selling and Administrative Expenses increase of 17% to PLN7.7M (expense), Total Financial Expense increase from PLN74K to PLN406K (expense).