ID 205368396 · FY 2019–2024 · 6 years
Georgian branch of CRBC, a major Chinese state-owned infrastructure contractor, executing road and bridge projects including sections of the East-West Highway.
curated 2026-06-03en.crbc.comreportal.ge
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|
| Total Revenue | 30,038 | 159,764 | 223,204 | 345,773 | 312,700 | 121,838 | +32.3% |
| Total COGS | -34,922 | -159,667 | -238,861 | -369,534 | -366,709 | -224,287 | +45.1% |
| Gross Profit | -4,884 | 98 | -15,656 | -23,761 | -54,009 | -102,449 | +83.8% |
| Gross Margin | -16.3% | 0.1% | -7.0% | -6.9% | -17.3% | -84.1% | |
| Total Operating Expenses | -8,304 | -9,092 | -6,953 | -9,064 | -9,201 | -5,899 | -6.6% |
| EBITDA | -13,188 | -8,995 | -22,610 | -32,825 | -63,209 | -108,348 | +52.4% |
| EBITDA Margin | -43.9% | -5.6% | -10.1% | -9.5% | -20.2% | -88.9% | |
| Total D&A | -328 | -340 | -550 | -570 | -649 | -302 | -1.6% |
| EBIT / Operating Income | -13,516 | -9,335 | -23,160 | -33,395 | -63,858 | -108,650 | +51.7% |
| Total Interest Income | 2,208 | 416 | 521 | 370 | 435 | 505 | -25.5% |
| Total Other Income | 14,125 | 27,786 | 35,188 | 31,892 | -5,619 | -29,172 | nmf |
| Profit Before Tax | 2,816 | 18,868 | 12,548 | -1,133 | -69,042 | -137,317 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 2,816 | 18,868 | 11,741 | -1,902 | -69,042 | -137,317 | nmf |
| Net Margin | 9.4% | 11.8% | 5.3% | -0.5% | -22.1% | -112.7% |
Ownership & directors from companyinfo.ge (public corporate registry).