The State Company for the Import and Export of Military and Special Purpose Services Ukrspetsexport in January-September 2022 received a net income of UAH 11 billion 479.5 million, which is almost 10 times more than in the same period of 2021.
According to the interim financial report of the state-owned company in the disclosure system of the National Commission for Securities and Stock Market (NKTSBFR), while net profit decreased by 45.4% – to UAH 22.21 million.
From operating activities, the company received UAH 85.48 million of profit – 22% more, and gross profit increased by 5.5% – to UAH 558.14 million.
As reported, in the first quarter of this year, Ukrspetsexport reduced its net income by 3.7 times compared to January-March last year, to UAH 124.66 million, while net profit increased by 2.4 times, to UAH 41.24 million.
At the same time, according to the company’s report to the National Securities and Stock Market Commission, in the first half of the year, Ukrspetsexport increased its net income by more than 7 times by January-June 2021, up to UAH 5 billion 496 million, with a decrease in net profit by 33.9% – up to 19 .25 million UAH.
Thus, according to the results of the third quarter, the net profit of the state-owned company decreased by 3.9 times by July-September 2021, to UAH 2.96 million, with a 16-fold increase in net income, to UAH 5 billion 983 million.
As reported, by decision of the government, in March, Ukrspetsexport and its two subsidiaries: the specialized foreign trade firm Progress and the foreign trade enterprise Spetstechnoexport were temporarily excluded from the state concern Ukroboronprom and transferred to the Ministry of Defense.
In 2021, the state-owned company reduced its net profit by 2.2 times by 2020, to UAH 122.28 million, while net income increased by 2%, to UAH 2 billion 015 million.
By the beginning of this year, the company employed 427 people.
