Business news from Ukraine

IC “Zaliznychny Shlyahy” has increased its net loss by 14,2%

5 March , 2023  

Net loss of insurance company “Zaliznychny Shlyahy” (Poltava) in 2022 increased by 14.2% up to UAH 13,571 mln, reported in materials for the agenda of shareholders meeting scheduled for April, 3.
It is also noted that assets of the company grew by 2.9% up to UAH 56.173 mln.
Equity capital decreased by 4.6% to UAH 36.6 million, cash and cash equivalents increased by 17.9% to UAH 19.8 million, current liabilities remained almost the same as a year before – UAH 5.921 million.
Accounts receivable have grown by 6,7% following the results of the year – up to UAH 2,748 mln.
The authorized capital of the insurer has remained at the level of UAH 21,3 mln.
IC “Zaliznychny Shlyahy” was registered in 1994, it specializes in providing services in the field of risk insurance.

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