Business news from Ukraine

Business news from Ukraine

MULTIPLEX-HOLDING CUTS LOSSES

9 November , 2021  

PrJSC Multiplex-Holding (Kyiv), which develops a network of Multiplex cinemas in Ukraine, reduced its net loss by 34.1% in January-September 2021 compared to the same period in 2020, to UAH 71.6 million.According to a company’s report, published in the information disclosure system of the National Securities and Stock Market Commission of Ukraine, company’s net income increased by 28.3%, to UAH 304.1 million.Gross profit in January-September 2021 increased 2.9 times, to UAH 12 million, while operating loss increased by 29.3%, to UAH 26.7 million.Uncovered loss increased by 64.9% and amounted to UAH 411.6 million. The company’s long-term liabilities for nine months decreased by 73.3%, to UAH 17.9 million, while the current ones increased by 31%, to UAH 1 billion.As reported, Multiplex-Holding over 2020 received UAH 187.6 million in net loss. Multiplex-Holding was founded in 2003. According to the data on the official website, the network has 28 cinemas.