KYIV. July 28 (Interfax-Ukraine) – State-owned public joint-stock company Ukrbud Construction Company, part of the Ukrbud Corporation (all based in Kyiv) saw a 4.9-fold rise in net profit in January through June 2016 year-over-year, to UAH 2.804 million.
The company said in a report that it saw a 3.8-fold rise in net revenue, to UAH 101.837 million.
Gross profit soared by 2.8 times, to UAH 17.065 million and operating profit – by 4.5 times, to UAH 3.529 million.
Undistributed profit totaled UAH 11.099 million (a rise of 37.5% year-over-year).
Current liabilities grew by 6.8 times, to UAH 456.168 million and noncurrent liabilities decreased by 43.8%, to UAH 160.191 million.
The company saw a 48% rise in assets, to UAH 824.173 million.
Ukrbud Construction Company was created by the government of Ukraine in 2004. It is engaged in the design and construction of industrial and civil objects, and staff training for the construction industry.
Ukrbud as of late 2015 consisted of 12 subsidiaries in the country.
