The Finnish YIT construction holding presented a financial report where they show the net loss of €7.1m against the 2015’s profit as much as €47.2m, the Russian RIA-Realty reports.
The Finnish construction holding, YIT, lost €7.1m net according to IFRS in 2016 against the 2015’s profit of €47.2, as it is said in the financial report of the company.
The annual revenues of the company, according to the international standards, totaled €1.7 bln, having reduced by 3%. Last year the company generated the negative operational cash flow after the investment of €43.1m, is stated in the report.
The YIT holding provides services in project design, construction as well as technical maintenance of buildings, industrial enterprises, commercial complexes and telecommunicatio
