XTRA:TEG
XTRA:TEGReal Estate

TAG Immobilien (XTRA:TEG) Eyes Profitability with Eco-Friendly Launch Despite Rising Losses and Debt

TAG Immobilien (XTRA:TEG) recently announced its earnings for the nine months ending September 30, 2024, reporting a significant turnaround with a net income of EUR 30.48 million, compared to a net loss of EUR 269.51 million the previous year. This positive shift is underpinned by a robust revenue increase to EUR 358.1 million and improved operational efficiencies, despite ongoing challenges such as high debt levels and supply chain disruptions. The company's latest report delves into...