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Dividends declared (per SOCE filings): FY2022 24,000 · FY2023 26,500 · FY2024 0 — 3-yr total 50,500
Operates in Logistics & Transport — Rail. Per the activity note to the FY2024 annual report, the company provides freight-forwarding services for liquid cargo carried by rail within Georgia, running from the Batumi and Kulevi rail stations to the Armenian and Azerbaijani border stations, together with the related rail services.
Subsidiary of Georgian Railway (100.0%)
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| 7,682 | 135 | 206 | 10,739 | 11,354 | 10,847 | 7,385 | 12,974 | +7.8% | |
| 186 | 7,280 | 9,134 | 40 | 37 | 39 | 30 | 34 | -21.6% | |
| TOTAL ASSETS | 7,868 | 7,415 | 9,340 | 10,779 | 11,391 | 10,886 | 7,415 | 13,008 | +7.4% |
| 2,452 | 2,703 | 2,983 | 2,741 | 1,921 | 3,072 | 3,425 | 3,390 | +4.7% | |
| Total Non-Current Liabilities | 40 | 40 | 40 | 0 | 0 | 0 | 0 | 1 | -41.0% |
| TOTAL LIABILITIES | 2,492 | 2,743 | 3,023 | 2,741 | 1,921 | 3,072 | 3,425 | 3,391 | +4.5% |
| 5,376 | 4,672 | 6,317 | 8,038 | 9,470 | 7,814 | 3,990 | 9,617 | +8.7% | |
| Balance Check (Assets - L&E) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Debt analysis | |||||||||
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cash & Equivalents | 6,516 | 5,579 | 8,232 | 9,195 | 9,841 | 9,259 | 5,263 | 5,565 | -2.2% |
| Net Debt | 6,516 | 5,579 | 8,232 | 9,195 | 9,841 | 9,259 | 5,263 | 5,565 | -2.2% |
Shareholders, directors and group links from the companyinfo.ge public register — as filed, so stakes need not sum to 100% where a holding is undisclosed.
Ownership & directors from companyinfo.ge (public corporate registry).
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