Eurocar (Solomonove, Zakarpattia region), manufacturing Skoda passenger cars, part of Atoll Holding Group, tentatively saw UAH 182 million in net profit in 2018, which is 2.6 times more than in 2017.
According to the information attached to the agenda of the general meeting of shareholders scheduled for April 25, its uncovered loss as of early 2019 totaled UAH 1.11 billion (UAH 734.24 million in 2017).
According to the draft decision of the shareholders, it is planned to send net profit for 2018 to cover losses of the previous years.
In 2018, Eurocar saw a 7.3% rise in current liabilities, to UAH 372.93 million, while noncurrent liabilities slightly grew to UAH 1.625 billion.
Total receivables as of January 1, 2019 accounted for UAH 426.61 million, falling by 22.4%, and its assets grew by 50.2%, to UAH 2.303 billion.
Net worth as of early 2019 was UAH 304.42 million, while a year ago it was negative – UAH 429.438 million. The charter capital did not change, being UAH 234.48 million.
Eurocar has been manufacturing passenger cars since December 2001.
