Business news from Ukraine

ODESA PORT-SIDE PLANT REPORTS UAH 211 MLN IN NET PROFIT IN 2015

18 March , 2016  

KYIV. March 18 (Interfax-Ukraine) – Public joint-stock company Odesa Port-Side Plant has reported UAH 210.88 million in net profit in 2015 compared to UAH 270.473 million in net loss a year ago.

The company said that its total assets decreased by 62% in 2015, to UAH 3.352 billion, while fixed assets increased by 3.7%, to UAH 1.114 billion.

Total bills receivable last year decreased by 55%, to UAH 924.93 million. Current liabilities totaled UAH 1.058 billion, a decline of 82.1% year-over-year. The plant did not have long-term liabilities.

The number of employees expanded from 3,938 to 3,948 people.

State-owned Odesa Port-Side Plant produces chemical products and transships ammonia to vessels.