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How Much Income Does The Mercedes Center In Georgia Have?

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Natia Taktakishvili
25.11.22 12:00
526
Company Aka is the general distributor of the German giant, Daimler ("Mercedes") in Georgia. The company published its financial report for 2021, according to which last year the company's sales increased by 66% and reached GEL 126 million.

The net profit of the company has also increased. If in 2020 LLC "Aka" had a loss of GEL 0.4 million instead of a profit, in 2021 the net profit of the company amounted to GEL 12.6 million.

The financial results of the "Mercedes" center are distributed as follows:

• Sale of new cars - GEL 106 million;
• Sale of car parts - GEL 10.3 million;
• Sale of used cars - GEL 5.5 million;
• Income from services - GEL 2.7 million;
• Total income - GEL 126.1 million.

"Aka" company showroom is located on University Street in Tbilisi.

According to the financial report, the cost of goods sold by the company amounted to GEL 104 million. In addition, the company had administrative expenses of GEL 6.1 million.

The assets of the company amount to GEL 63 million. The company has three shareholders, namely - Salome Asatiani - 27%; Maka Asatiani - 27%; Luiza Tavartkiladze - 46%.