The real estate developer One United Properties ended the first quarter of 2024 with a consolidated turnover of RON 419 million, down 5 percent compared to Q1/2023, while the net profit amounted to RON 157.3 million, in 4 percent increase.
“The results of the first quarter of the year establish a solid foundation for 2024 and are in line with our strategic and financial objectives for this year. We are particularly pleased with the significant progress of construction works across all our developments. Regarding the plans for the next period, we continue to focus on maintaining the pace of growth,” says Victor Căpitanu, co-CEO of One United Properties.
The revenues from the residential segment reached RON 306.4 million, registering a decrease of 7 percent compared to the previous year. The net income (profit) from the sales of residential properties, however, registered an increase of 16 percent, to RON 119.5 million.
