Ronson with net loss in Q1
12:45
WSE-listed real estate developer Ronson Europe recorded a PLN 2.7 mln net loss in the first quarter of the year, worse than market consensus which stood at PLN 2.4 mln net loss, the developer informed.
"We hope that the first quarter of the year closes the period when we report a net loss. Our results will improve with the next quarter for sure," said Tomasz Łapiński, Ronson's financial director. "The less profitable project has already been completed," he added.
In Q1, the developer sold 186 apartments, compared with 206 in the same period last year.
