Core Viewpoint - AS Trigon Property Development focuses on real estate development, with a significant project planned in Pärnu, Estonia, aimed at attracting businesses to enhance land value [1]. Financial Performance - The net loss for the first six months of 2025 was -53,993 euros, with earnings per share at -0.01200 EUR [3][5]. - Administrative and general expenses increased to -59,453 euros in 2025 from -19,699 euros in 2024, contributing to the operating loss of -59,453 euros [5]. - The total comprehensive loss for the period was -53,993 euros, compared to -13,140 euros in the same period of 2024 [5]. Financial Position - As of June 30, 2025, total assets were 1,817,094 euros, with equity at 1,800,781 euros, representing 99.102% of the total balance sheet [3]. - Current assets decreased from 1,873,680 euros at the end of 2024 to 1,817,094 euros by mid-2025 [4]. - Total liabilities were reported at 16,313 euros, a decrease from 18,906 euros at the end of 2024 [4]. Sales Activity - In Q3 2024, a 0.09-hectare transportation land was sold for 31,920 euros, and in Q4 2024, a 0.70-hectare property was sold for 300,000 euros [2].
Unaudited financial report for the second quarter and 6 months of 2025
Globenewswire·2025-08-28 11:51