In January-September 2024, Nova Poshta, the leader in express delivery in Ukraine, reduced its net profit by 1.9 times compared to the same period in 2023, to UAH 1.65 billion.
According to the company’s interim financial statements for January-September, published in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), net income increased by 16.4% to UAH 30.81 billion.
At the same time, the company’s gross profit increased by 6.4% to UAH 5.86 billion, while operating profit decreased by 10.5% to UAH 2.44 billion.
In the first nine months of 2024, the number of delivered parcels and cargoes amounted to 336 million, which is 16% more than in the same period in 2023.
“In January-September, Nova Poshta opened 5,518 new branches and post offices. The network grew all over Ukraine, including in the frontline areas, where 126 new branches and post offices were opened.
During this period, the company paid UAH 6.7 billion in taxes in Ukraine, which is 4% more than in the corresponding period of 2023.
Since the beginning of the year, Nova Poshta has invested UAH 4.1 billion in its development in Ukraine, which is 1.7 times more than in the same period last year (UAH 2.4 billion).
As part of the Humanitarian Mail of Ukraine program, the company makes shipments for the military from charitable foundations and volunteers at its own expense. In the first nine months of this year, the company delivered 1.2 million parcels. Since the beginning of the full-scale invasion, it has delivered almost 2.5 million.
“Nova Poshta provides a range of logistics services, delivering both small parcels and large cargo. The company provides express delivery of documents, parcels and bulky goods; postal and courier services to businesses, organizations and individuals; loading and unloading services, warehousing and storage; and transport activities – Nova Poshta provides delivery to each client – to the branch, post office, or address. The company also provides logistics and distribution services.
“Nova Poshta has about 12,000 offices across Ukraine and more than 20,000 post offices. The average number of employees is 35 thousand.
