K. Kythreotis Holdings Public LTD Logo

K. Kythreotis Holdings Public LTD

ISIN: CY0008401214 | Ticker: KYTH | LEI: 2138004BSTFFGSKF4X46
Sector: IndustrialsSub-Industry: Construction & Engineering
Country: Cyprus

About K. Kythreotis Holdings Public LTD

Company Description

The company started as a private family owned business which was established in 1943 by Costas Kythreotis in Famagusta. The company has grown from its road construction material supplying origins to be one of Cyprus’ major building materials producer and road construction business.

In 1970, Costas Kythreotis & Son Ltd was incorporated and four year later, the incorporation of C. Kythreotis Skyrodema Ltd followed. Both companies were associated with road construction and asphalt and ready mix concrete production in the Famagusta district.

In 1974, just after the Turkish invasion in Cyprus the companies’ base was relocated to Limassol and despite the difficult economic times and limited resources, restarted its operations immediately and in less than two years, also operated a new quarry in the Kornos area. In 1980 the quarry plant was relocated to Parekklisia and has been operating since.

Year founded

1943

Served area

Cyprus

Headquarters

Zenonos Sozou 3, 1st Floor, 3105 Limassol – Cyprus

Financial statements

Download as Excel
Line item in (eur) 01.01.2020 01.01.2021 01.01.2022
Assets N/A 16,393,632.00 18,351,037.00
Noncurrent Assets N/A 10,369,702.00 11,636,034.00
Property Plant And Equipment N/A 6,634,904.00 7,894,230.00
Investment Property N/A 2,013,390.00 1,848,750.00
Goodwill N/A 1,382,206.00 1,382,206.00
Other Noncurrent Assets N/A 339,202.00 510,848.00
Current Assets N/A 6,023,930.00 6,715,003.00
Inventories N/A 2,418,064.00 1,210,529.00
Current Trade Receivables N/A 3,010,620.00 3,817,426.00
Other Current Receivables N/A 25,185.00 4,576.00
Current Tax Assets Current N/A 10,452.00 10,452.00
Cash and cash equivalents N/A 194,163.00 1,510,029.00
Current Restricted Cash And Cash Equivalents N/A 197,000.00 0.00
Other Current Assets N/A 113,066.00 105,721.00
Equity And Liabilities N/A 16,393,632.00 18,351,037.00
Equity 11,731,577.00 12,572,960.00 14,255,223.00
Issued Capital N/A 7,216,500.00 7,216,500.00
Retained Earnings N/A 2,514,630.00 4,282,389.00
Share Premium N/A 2,019,176.00 2,019,176.00
Other Reserves N/A 39,761.00 39,761.00
Liabilities N/A 3,820,672.00 4,095,814.00
Noncurrent Liabilities N/A 842,071.00 953,358.00
Noncurrent Payables N/A 12,906.00 172,960.00
Deferred Tax Liabilities N/A 400,666.00 449,873.00
Longterm Borrowings N/A 428,499.00 330,525.00
Current Liabilities N/A 2,978,601.00 3,142,456.00
Current Provisions N/A 175,522.00 175,522.00
Trade And Other Current Payables N/A 2,158,424.00 2,645,936.00
Current Contract Liabilities N/A 58,000.00 0.00
Current Tax Liabilities Current N/A 22,746.00 84,274.00
Line item in (eur) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
Revenue 14,432,019.00 19,312,333.00
Other Income 57,438.00 33,004.00
Other Gains Losses -49,572.00 -1,824.00
Profit Loss From Operating Activities 1,433,687.00 2,531,979.00
Finance Costs 58,895.00 49,641.00
Profit Loss Before Tax 1,374,792.00 2,482,338.00
Income Tax Expense Continuing Operations 195,638.00 290,099.00
Profit (loss) 1,179,154.00 2,192,239.00
Line item in (eur) 01.01.2021 01.01.2022
Profit (loss) 1,179,154.00 2,192,239.00
Adjustments For Finance Costs 58,895.00 49,641.00
Adjustments For Decrease Increase In Inventories -430,699.00 1,207,535.00
Adjustments For Decrease Increase In Other Operating Receivables 11,231.00 20,609.00
Cash Flows From Used In Operations 1,966,857.00 4,070,269.00
Cash Flows From Used In Operating Activities 1,840,739.00 3,896,191.00
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities 0.00 33,021.00
Purchase Of Property Plant And Equipment Classified As Investing Activities 647,658.00 1,704,178.00
Dividends Received Classified As Investing Activities 21.00 34.00
Interest Received Classified As Investing Activities 187.00 1,218.00
Cash Flows From Used In Investing Activities -932,450.00 -1,680,396.00
Proceeds From Borrowings Classified As Financing Activities 600,000.00 0.00
Repayments Of Borrowings Classified As Financing Activities 77,801.00 94,707.00
Dividends Paid Classified As Financing Activities 424,500.00 424,500.00
Interest Paid Classified As Financing Activities 14,478.00 15,110.00
Cash Flows From Used In Financing Activities 39,569.00 -568,848.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes 947,858.00 1,646,947.00
Cash and cash equivalents 194,163.00 1,510,029.00

Please note that some sums might not add up.

Filings & Publications

2021

Report
Q1
H1
Q3
FY
Consolidated Report
GRE
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

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Capital markets information

ISIN

CY0008401214

LEI

2138004BSTFFGSKF4X46

Sector

Industrials

Industry Group

Capital Goods

Industry

Construction & Engineering

Sub-Industry

Construction & Engineering

Listed Stock Exchange

Cyprus Stock Exchange

Stock Index

CSE General Index

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