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LSR: 1H 2022 financial results

LSR showed strong dynamics in 1H 2022. Despite the spring decline in sales in the industry, the number of new sales by the developer remained at the level of the previous year. We believe that by the end of 2022, total sales in quarter. m may decrease by 30% y/y, but due to the high cost of selling real estate and taking into account the income of the previous period, revenue will grow by 9.5% y/y. In 2023, we expect the decline in sales to be less significant than we expect in 2022, so we forecast revenue at RUB192.4bn. (+33.2% YoY).

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Oxford graduate with honors. He worked in large financial projects for well-known Wall Street corporations. After he earned his first capital and a reputation as a successful trader, he opened his own company. At the moment, the growth of the company's capital is 20% per year.
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