Hepsor AS consolidated unaudited interim report for Q1 2025

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[{"type":"image","alt":"HEPSOR AS","displaySize":"","headline":null,"caption":"HEPSOR AS","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":124,"url":"https://media.zenfs.com/en/globenewswire.com/6791bb27f34ec9c99409a77dac7851ad"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/1iUKYCKVV_Kq5Qh0IG4Alg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE3NDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/6791bb27f34ec9c99409a77dac7851ad","width":300,"height":124}},"lazy":false},{"type":"text","content":"Hepsor’s consolidated sales revenue for Q1 2025 was 8.2 million euros (Q1 2024: 2.3 million euros).","length":99,"tagName":"p"},{"type":"text","content":"The Group's net loss for the first quarter was 0.1 million euros (Q1 2024: 1.0 million euros), of which the net loss attributable to the owners of the parent was 0.2 million euros (Q1 2024: 0.9 million euros).","length":213,"tagName":"p"},{"type":"text","content":"In coordination with the Group’s Supervisory Board, the Management Board proposes to distribute 1,0 million euros (EUR 0.26 per share) in dividends to shareholders in 2025 from the profits of previous periods. Based on the share price as of 31 March 2025, this results in a dividend yield of 6.9%.","length":297,"tagName":"p"},{"type":"text","content":"Development projects under construction and available for sale","length":62,"tagName":"p"},{"type":"text","content":"In the first quarter of 2025, we continued the construction and sales of projects in our development portfolio. Customer interest in Hepsor's developments has remained stable. In Latvia, the Annenhof Mājas development project at Jūrmalas gatve 74 was completed at the beginning of the year, where customer interest in purchasing new apartments has been high. By the end of March, 60% of all apartments in the Annenhof Mājas development project had been sold.","length":462,"tagName":"p"},{"type":"text","content":"In the first quarter of 2025, we handed over 42 homes to customers, compared to 12 homes during the same period in 2024. Of these, 26 homes were delivered in Tallinn, and 16 in Riga.","length":182,"tagName":"p"},{"type":"text","content":"During the reporting quarter, construction and sales continued on the first phase of the main building of the former Baltic Cotton Spinning and Weaving Factory at Manufaktuuri 5, where 150 new homes are planned ...

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