MLP Group reports net profit of nearly PLN 100m in 2018

MLP Group generated PLN 141.5m in revenue in 2018, up 36.3 percent from the previous year. The industrial developer’s operating profit nearly tripled in 2018 to PLN 151.1m from PLN 55.2m in 2017. Its net profit was PLN 92.4m, up 95 percent from last year. At the end of 2018, the company’s net assets reached PLN 815.4m, a 12-percent increase y-o-y. Last year, the value of the group’s investment properties grew by 24 percent to PLN 1.44bn.