KYIV. March 21 (Interfax-Ukraine) – Public joint-stock company Cherkasy Silk Factory, one of the largest textile enterprises in Ukraine, tentatively saw UAH 35.95 million in net profit in 2015, while its net loss in 2014 was UAH 50,000.
Its uncovered loss decreased by almost 83% in a year, to UAH 7.4 million.
The factory saw a 55% rise in current liabilities, to UAH 91.3 million. The company did not have long-term liabilities.
Total bills receivable tripled, to UAH 36.16 million, while asset value grew by 6.8%, to UAH 191.34 million.
Equity capital exceeded UAH 100 million as of early 2016 (UAH 64 million as of early 2015).
The plant began fabrics production in 1967 and today manufactures lining, raincoat fabric, fabrics for professional clothing, decorative jacquard, furniture, shirting fabric.
Its major markets were Ukraine, Moldova, and Russia.
