PropertyEU

Chagala shows revenue rise of 18%

By A staff reporter 2008-05-06T00:00:00

Chagala Group, the London-listed Kazakh real estate developer-owner, has announced its revenues rose 18% to $22.07mln (EUR 14.24 mln) in the first year as a listed company from EUR 12.1mln in 2006. Operating profit increased by 20.3% to EUR 3.87mln from EUR 3.22mln. Pre-tax profit dropped 13.8% to EUR 1.35mln. ...

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