Business news from Ukraine

Business news from Ukraine

Net profit of Dnipro Switch increased 2.1 times

6 May , 2025  

Dnipro Switch Factory (DnSZ, Dnipro), a major Ukrainian manufacturer of switch points for main railway tracks, increased its net profit by 2.1 times in January-March 2025 compared to the same period in 2024, to UAH 113.18 million.

According to the company’s financial results report on its website, net sales revenue for this period increased by 21.7% to UAH 415.36 million.

DnSZ received UAH 135.82 million in operating profit (2.1 times more), and gross profit amounted to UAH 155.13 million (+61.2%).

Founded in 1916, DnSZ currently manufactures various types of switch points for mainline and industrial transport, subways, as well as upper track structure elements.

The company has a full production cycle, including its own design bureau.

The plant ended 2024 with a consolidated net profit of UAH 540.41 million, which is 6% more than in 2023, of which 78% (UAH 420 million) was allocated to dividend payments. Consolidated revenue increased by 77% to UAH 1.79 billion.

According to the company’s report on its website, unconsolidated net profit increased by 6.7% to UAH 544.22 million, with revenue growing by 31.1% to UAH 2.346 billion.

Exports accounted for 5.6% of total sales in 2024, with products shipped to Georgia, Azerbaijan, Moldova, Bulgaria, Germany, and the Baltic states.

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