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"Wissol Group" Had An Income Of GEL 642 MLN In 2023

Wissol
Natiko Taktakishvili
04.10.24 18:00
216

"Wissol Group" published its financial report for 2023. According to the document, the total income of the group during the last year amounted to 642 million GEL, which was 39 million GEL less than in 2022. The decrease was due to the fuel price decline during the last year. Also, in 2022, the profit of the group decreased to 34.5 million GEL from the 53.4 million GEL net profit. However, the total income of the company increased, which was related to the increase in the value of the company's assets, which amounted to 49.2 million GEL. Taking this into account, the total income (profit) of the group amounted to 84 million GEL.

According to the consolidated report of "Wissol Group", the cost of goods sold by the group during the last year amounted to 557 million GEL. In more detail, the indicators of the group are distributed as follows:

Income from fuel sales - 609 million GEL
Income from gas sales - 12.8 million GEL
Other income - 19.6 million GEL

According to the audited financial report, the largest shareholders of the company are: Levan Pkhakadze 38%; Soso Pkhakadze 31%; Giorgi Ramishvili 15.5%; Alex Rifleman 7%; Nugzar Abramishvili 6.2%; David Borger 2%.

The total assets of the group amount to 346 million GEL.

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