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Ronson Development: over PLN 29 mln in net profit in Q1/20

19:47

Ronson Development: over PLN 29 mln in net profit in Q1/20
Boaz Haim, source: Ronson Development

In the first quarter of 2020, Ronson Development generated a net profit of PLN 29.4 million. This result is over eight times higher than in the corresponding period last year and 69 percent higher than in the entire 2019.

“In the first quarter of this year we delivered to our clients a record number of 387 units, including 234 units in the City Link III project, in Warsaw’s Wola district, where the gross margin on sales reached nearly 39 percent.

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