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Growth amid expenses: K. Kythreotis Holdings increased profit in 2025

04.05.2026 / 10:01
News Category

K. Kythreotis Holdings recorded a 16.6% increase in profit for 2025, despite a notable rise in expenses. The group's net profit reached €2.2 million, increasing by €308.5 thousand compared to 2024.

The main driver of growth was an increase in revenue, which grew by 12.1% — from €22.1 million to €24.8 million. The positive dynamic was ensured by higher sales in the ready-mixed concrete and mining segments. Gross profit also grew significantly — by 20.8%, reaching €4.3 million, thanks to economies of scale and increased sales volumes.

An additional contribution to the final result was made by the revaluation of investment property at fair value, which allowed for a substantial increase in other income. However, financial performance was accompanied by rising costs: administrative expenses increased by 46.6% due to fines, and selling expenses nearly doubled, mainly due to asset impairment.

Despite pressure from expenses, the company managed to maintain a positive dynamic, which was also supported by a decrease in financial costs.

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