K + G Complex Public Company LTD Logo

K + G Complex Public Company LTD

ISIN: CY0003000714 | Ticker: KG | LEI: 213800VN1MC529BYJ383
Sector: FinancialsSub-Industry: Multi-Sector Holdings
Country: Cyprus

About K + G Complex Public Company LTD

Company Description

The Galatariotis Group is one of the leading business establishments in Cyprus with diverse activities and investments in the real estate and building materials sectors. The Group comprises several private companies and two public ones, which are listed on the Cyprus Stock Exchange (CSE).

The financial strength of the Group enabled it to diversify its activities in a variety of sectors.

Year founded


Served area



197 Makarios III Avenue, Gala Tower, 3030 Limassol – Cyprus

Financial statements

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Line item in (eur) 01.01.2020 01.01.2021 01.01.2022
Assets N/A 114,610,000.00 114,668,000.00
Noncurrent Assets N/A 103,115,000.00 103,568,000.00
Property Plant And Equipment N/A 27,000.00 18,000.00
Investments In Associates Accounted For Using Equity Method N/A 103,088,000.00 103,550,000.00
Current Assets N/A 11,495,000.00 11,100,000.00
Inventories N/A 3,824,000.00 300,000.00
Current Tax Assets Current N/A 10,000.00 10,000.00
Current Financial Assets At Amortised Cost N/A 7,575,000.00 8,402,000.00
Cash and cash equivalents N/A 86,000.00 2,388,000.00
Equity And Liabilities N/A 114,610,000.00 114,668,000.00
Equity 90,150,000.00 104,448,000.00 114,178,000.00
Issued Capital N/A 21,860,000.00 21,860,000.00
Retained Earnings N/A 80,136,000.00 89,939,000.00
Share Premium N/A 1,757,000.00 1,757,000.00
Liabilities N/A 10,162,000.00 490,000.00
Current Liabilities N/A 10,162,000.00 490,000.00
Line item in (eur) 01.01.2020/
Revenue 675,000.00 12,700,000.00
Other Income 249,000.00 175,000.00
Profit Loss From Operating Activities 246,000.00 8,650,000.00
Finance Costs 314,000.00 147,000.00
Profit Loss Before Tax 13,987,000.00 9,811,000.00
Income Tax Expense Continuing Operations 0.00 7,000.00
Profit (loss) 13,987,000.00 9,804,000.00
Line item in (eur) 01.01.2021 01.01.2022
Profit (loss) 13,987,000.00 9,804,000.00
Adjustments For Decrease Increase In Inventories 38,000.00 3,523,000.00
Adjustments For Undistributed Profits Of Associates 14,055,000.00 1,307,000.00
Cash Flows From Used In Operations 117,000.00 12,033,000.00
Income Taxes Paid Refund Classified As Operating Activities -6,000.00 3,000.00
Cash Flows From Used In Operating Activities 123,000.00 12,030,000.00
Dividends Received Classified As Investing Activities 309,000.00 0.00
Interest Received Classified As Investing Activities 8,000.00 0.00
Cash Flows From Used In Investing Activities 542,000.00 50,000.00
Repayments Of Borrowings Classified As Financing Activities 331,000.00 9,631,000.00
Interest Paid Classified As Financing Activities 314,000.00 147,000.00
Cash Flows From Used In Financing Activities -645,000.00 -9,778,000.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes 21,000.00 2,302,000.00
Cash and cash equivalents 86,000.00 2,388,000.00

Please note that some sums might not add up.

Filings & Publications


Consolidated Report
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

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Industry Group

Financial Services


Financial Services


Multi-Sector Holdings

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