Business news from Ukraine

BIOKON COSMETICS MAKER SEES NET PROFIT RISE BY 2.5 TIMES IN 2015

22 April , 2016  

KYIV. April 22 (Interfax-Ukraine) – The Biokon manufacturer of perfumery and cosmetic products (Dnipropetrovsk) in 2015 saw net profit rise by 2.5 times, compared to 2014, to UAH 11.711 million.

According to a company report in the information disclosure system of the National Commission on Securities and the Stock Market, its net sales income decreased by 11.2%, to UAH 151.989 million. Gross profit increased by 6.4%, to UAH 87.951 million.

As reported, in 2014 Biokon saw net profit rise by 8.6% in comparison with 2013, to UAH 4.586 million.

Biokon was created in 1991. It produces cosmetic products under several brands (Biokon, Ekola, HirudoDerm, Diamant de la mer, Beauty Code), as well as growing the Hirudo Medicinalis medical leech in vitro using a patented technology.