In January-September 2024, Nova Poshta, the leader in express delivery in Ukraine, increased its development investments in Ukraine by 40% to UAH 4.9 billion, the company’s press service said on Friday.
Over the course of nine months, Nova Poshta opened 940 new branches and installed 4578 new post offices, for a total of 5518 new service points.
“The network grew all over Ukraine, including in the frontline areas, where 126 new service points were opened. Thus, as of October 1, Nova Poshta’s network includes 12.4 thousand branches and 20.17 thousand post offices,” the company’s press service said.
The number of parcels and cargo delivered by Nova Poshta increased by 17% to 336 million parcels. The company delivered 11 million international parcels.
“As we have been doing since the first days of the war, we are investing in Ukraine’s victory. In the period from January to September this year, the group’s charity spending in Ukraine amounted to UAH 1.4 billion, which is UAH 266 million more than in the same period last year. Since the beginning of the full-scale invasion, the volume of investments in the victory has already exceeded UAH 4 billion,” the press service of Nova Poshta said.
Every day, as part of the Humanitarian program, Nova Poshta delivers parcels for the military from charitable foundations and volunteers at its own expense. In the first nine months of this year, the company has delivered 1.2 million parcels. Since the beginning of the full-scale invasion, almost 2.5 million.
Earlier it was reported that in January-September 2024, Nova Poshta reduced its net profit by 1.9 times compared to the same period in 2023 – to UAH 1.65 billion, and increased its revenue by 16.4% to UAH 30.81 billion. The company explains the decrease in profitability by an increase in charity expenses and an increase in depreciation expenses due to a significant increase in the investment program. Inflation and general price increases also had an impact.
The amount of taxes paid by Nova Poshta in Ukraine increased by 10% to UAH 8.6 billion.
