Georgia Capital’s Profit in One Year Reached 1.3 Billion GEL

Georgia Capital’s profit in one year is worth 1.3 Billion GEL, which is 13.8% higher indicator than the last year’s indicator. At the moment, the group portfolio reaches 1.9 Billion Gel. Half of this amount comes to the London based Stock Exchange companies (GHG; BOG)

The cost of the companies within the group’s 1.9 Billion portfolio and the Georgia Capital’s share in these companies are as follows:

  • Georgia Healthcare Group – 520.3 Million Gel (Georgia Capital share 57%)

  • Bank of Georgia Group – 457.5 Million Gel (Georgia Capital share 19.9%)

  • Water Communal Business (GWP, Rustavi and Mtskheta Waters) – 431 Million Gel (Georgia Capital share 100%)

  • Construction Business – 66.8% (Georgia Capital share 100%)

  • Insurance – 130.5 Million (Georgia Capital share 100%)

  • Renewable Energy- 61.2 Million (65%)

  • Hotel Business – 149.1 Million (100%)

  • Alcoholic Beverages (Wine/Beer) – 61 Million (80%)

As a reminder, Georgia Capital is the Holding Business Company, which was founded after dividing the BGEO Group into the bank and investment businesses.