31st Mar 2021 19:35
Plaza Centers NV - Netherlands-based property firm - For 2020, pretax loss widens to EUR33.5 million from EUR21.1 million the year before due to an EUR24.0 million write-down of trading properties, as well as a fall in revenue to EUR1.5 million from EUR3.7 million. Revenue was derived from proceeds for the sale of land plot in Brasov, Romania.
In addition, revises deal regarding the sale of its 74.7 acre plot in its Chennai project, India. Purchaser will deposit EUR861,000 and can complete the acquisition by the end of April at a revised payment of EUR11.6 million.
Current stock price: 25.00 pence, down 23% on Wednesday
Year-to-date change: down 17%
By Dayo Laniyan; [email protected]
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