About this document
Georgian Water and Power 2018 Financial Report by Tinatini Bakashvili is a document available to read on EtoBox.
Georgian Water and Power LLC reported total revenue of $129.4 million for 2018, up from $118.7 million in 2017. Net profit for 2018 was $28 million, representing a 22% profit margin. Total assets grew to $585.6 million in 2018 from $540.8 million the previous year. Current ratios declined from 2.25 in 2017 to 0.70 in 2018, while leverage ratios such as debt ratio and debt-to-equity ratio increased, indicating greater reliance on debt compared to prior years.
- Author
- Tinatini Bakashvili
- Language
- EN