From GlobeNewswire: 2025-04-30 03:00:00

UAB “Kvartalas“ has released its audited financial statements for the year ending on 31 December 2024. The company is involved in real estate development and construction, owning a commercial land plot in Vilnius. The financial report shows a net loss of EUR 1,024,284 for the year, resulting in retained earnings of EUR (2,413,650). In 2024, the company issued EUR 50 million in bonds and plans to raise more external financing in 2025. The bonds were listed on the Nasdaq Baltic Bond List on 6 March 2025, with an additional 120,000 units issued on 1 April 2025.



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