Lokum Deweloper SaGPW: LKD

LKD: Net profit rose 29% in H1 2024, with improved margins and lower debt

· Issued by Lokum Deweloper SA

Lokum Deweloper reported stable revenue and a 29% increase in net profit for H1 2024, with improved margins and reduced debt following early bond redemptions. The group faces uncertainty from expiring mortgage support programs and macroeconomic risks.

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