GTC net loss amounts to nearly PLN 1 bln
10:00
Real estate developer Global Trade Center (GTC) reported a consolidated net loss of PLN 876.63 million in 2014, compared with a consolidated net loss of PLN 746.07 million a year earlier, the company said in its financial statement.
GTC's gross operating profit amounted to PLN 339.54 million, versus PLN 327.21 million in 2013.The company’s revenue in 2014 stood at PLN 520.15 billion, while in 2013, it was PLN 515.71 million.
GTC is a real estate development company established in 1994. The company develops projects in three real estate sectors: office buildings and parks, retail and entertainment centers and residential. It operates in CEE and is listed on the main market of the Warsaw Stock Exchange.
