Unaudited financial report for the third quarter and 9 months of 2025
Globenewswire·2025-11-27 13:31

Core Insights - The main business activity of Trigon Property Development AS is real estate development, focusing on a 13.2-hectare project in Pärnu, Estonia, aimed at creating a commercial, industrial, and logistics park [1] - The company aims to attract businesses to enhance the value of its land plots, with the primary goal of selling existing land [1] Financial Performance - For the first nine months of 2025, Trigon Property Development reported a net loss of -76,185 euros, with earnings per share at -0.01693 EUR [3] - Revenue for the first nine months of 2025 was 0 euros, compared to 31,920 euros in the same period of 2024 [5] - Administrative and general expenses increased to -83,302 euros in 2025 from -26,846 euros in 2024 [5] Financial Position - As of September 30, 2025, total assets were 1,824,030 euros, with equity comprising 97.51% of the total balance sheet at 1,778,590 euros [3] - Current assets decreased from 1,873,680 euros as of December 31, 2024, to 1,824,030 euros [4] - Total liabilities remained low at 45,441 euros as of September 30, 2025, compared to 18,906 euros at the end of 2024 [4]