The Lebanese Company for the Development and Reconstruction of the Beirut Central District S.A.L. announced audited consolidated financial results for the year ended December 31, 2014. For the year, the company reported total revenues of USD 239,014,977 against USD 162,258,182 a year ago. Net revenues from operations were USD 180,596,159 compared to USD 112,792,346 a year ago.

Profit before tax was USD 131,023,377 compared to USD 48,348,953 a year ago. Profit for the year was USD 113,703,750 compared to USD 42,580,168 a year ago. Basic/diluted earnings per share were USD 0.7100 against USD 0.2659 a year ago.

Profit attributable to equity owners of the parent was USD 113,703,750 compared to USD 42,936,514 a year ago. Net cash provided by operating activities was USD 32,368,254 compared to USD 136,338,130 a year ago. Acquisition of fixed assets was USD 1,031,420 compared to USD 2,404,854 a year ago.