Bloomberg News

Ukraine’s TMM Says Sales Increased 16% in First Half of Year

August 06, 2012

TMM Real Estate Development Plc (TR61), Ukraine’s biggest property developer, said sales rose 16 percent in the first six months of the year from the same period a year ago.

TMM received 80.4 million hryvnia ($9.91 million) from sales in the period, the Kiev-based company said today in an e- mailed statement.

TMM also increased its revenue from constructing for third parties by more than sixfold to 36.6 million hryvnia, according to the statement.

To contact the reporter on this story: Daryna Krasnolutska in Kiev at dkrasnolutsk@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net


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