Murapol 2017 net profit falls to PLN 120.2 mln

Polish developer Murapol reported its 2017 net profit decline to PLN 120.2 million from PLN 126.7 million a year ago. Consolidated revenue from sales stood at PLN 186.3 million compared to PLN 250.3 million in 2016. “The key factor affecting the revenue in 2017 was the reorganization of the Murapol Group in 2016,” the company specified in a statement. In 2018 the group plans to have about 7,000 units under construction, which will be delivered in 2018-2019, CEO Nikodem Iskra said.