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Georgian Tegeta Motors Company makes another deals

Finance Materials 26 October 2020 14:29 (UTC +04:00)
Georgian Tegeta Motors Company makes another deals

BAKU, Azerbaijan, October 26

By Tamilla Mammadova – Trend:

Deals worth 4.15 million lari ($1.2 million) were made on 4,000 bonds of Georgian Tegeta Motors Company, Trend reports via Georgian media.

The price of one bond marked 1.039 lari ($0.32).

The company has issued bonds of 30 million lari ($9.3 million). The date of payment is the 30th of April, 2022. According to the January-June indicators, Tegeta Motors' losses marked 5 million lari ($1.5 million).

The company’s incomes amounted to 222 million lari ($69.2 million), while the figure marked 269.4 million lari ($83.9 million) in 1H2019.

The operational profits marked at 9.97 million lari ($3.1 million). The company operates in the field of imported tires, lubricants, batteries, and other spare parts of automobiles.

The company also provides technical and repair services for automobiles in various regions of Georgia. The company owns 26 regional retail trade and service facilities in Georgia.

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