Cherkasy Bus JSC ended the first quarter of this year with a net profit of UAH 1.33 million, whereas for the same period in 2025, the company reported a loss of nearly UAH 3 million.
According to the interim report published in the NSSMC’s disclosure system, net sales revenue increased by 3% compared to January–March 2025, reaching UAH 240 million.
The plant increased its gross profit by 34% to UAH 39 million, with operating profit growing 2.6-fold to UAH 5 million.
According to the report, in the first quarter, “Cherkasy Bus” manufactured 102 buses worth UAH 295.2 million and 59 trucks worth UAH 98.2 million, while selling 69 buses worth UAH 205.1 million and 17 trucks worth UAH 34.3 million.
The company’s plans, as outlined in its annual report, call for the production of 385 Ataman buses, the assembly of 300 Isuzu trucks, and 302 Isuzu pickups this year (in line with plans for 2025).
At the same time, last year the plant actually reduced bus production by 8% compared to the previous year—to 391 units—and truck production by 1.9% (by 6 units), to 315 units. A total of 393 buses (7.5% fewer) and 240 trucks (24.8% fewer) were sold.
Annual production volume increased by 12.7% overall—to 1.763 billion UAH.
This year, the plant plans to invest 35.8 million UAH in development, specifically in the purchase of technological, transport, and power equipment, the modernization and repair of equipment, production and office facilities, and the improvement of the plant’s grounds.
In 2026, the plan is to begin production of 2- and 3-axle FTS 34 trucks, special-purpose and specialized vehicles on NPR, NQR, FSR, and D-MAX chassis, as well as A092 and A093 buses using Euro 6-compliant chassis.
“Currently, two-thirds of the company’s production consists of orders from the public sector,” the report states.
Founded in 1994, the “Cherkasy Bus” plant manufactures Ataman small-class buses (including city, suburban, school, and specialized models), as well as other wheeled vehicles based on Japanese Isuzu components, specifically, through the large-assembly method for Isuzu trucks with a payload capacity of 3 to 18 tons (dump trucks, fire trucks, emergency repair vehicles, aerial work platforms, and vehicles with superstructures—for Ukrposhta, local communities, and the State Border Guard Service).
It also manufactures Isuzu pickups for the National Police, the State Emergency Service, the State Border Guard Service, forest patrols, and energy and gas companies.
The plant ended 2025 with a net profit of nearly 83 million UAH—32% less than in 2024—amid a slight decline in net revenue to 1.733 billion UAH. It did not plan to pay dividends.
As of the beginning of this year, the company employed 374 people—33 fewer than at the start of 2025—and the average monthly salary for the year increased by 25.5% to 35,750 UAH.
