Lamda Development reports net loss of 10.9 million in H1

EconomyCorporates Tags: Corporates, Results
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Property developer Lamda Development has reported an overall loss of 10.9 million euros for the first half (H1) of 2017. The result for the same period last year was a profit of 1.4 million euros.

The losses were attributed to fair value losses of land plots and to an increase in income tax.

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