K. Kythreotis Holdings Public LTD
ISIN: CY0008401214 | Ticker: KYTH | LEI: 2138004BSTFFGSKF4X46
Country: Cyprus
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.
1943
Served areaCyprus
HeadquartersZenonos Sozou 3, 1st Floor, 3105 Limassol – Cyprus
| 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.
CY0008401214
LEI2138004BSTFFGSKF4X46
SectorCSE General Index
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