Business news from Ukraine

Business news from Ukraine

ODESA PORT-SIDE PLANT SEES UAH 205.3 MLN IN NET PROFIT IN JAN-SEPT

26 October , 2015  

KYIV. Oct 26 (Interfax-Ukraine) – Public joint-stock company Odesa Port-Side Plant saw UA 205.298 million in net profit in January-September 2015 compared to UAH 243.42 million of net loss year-over-year.

The company said in a report that its net revenue grew by 2.1 times or UAH 4.398 billion, to UAH 8.577 billion. Gross profit totaled UAH 1.321 billion, while in January-September 2014 its gross loss stood at UAH 84.044 million.

In January-September 2015, the plant produced 1.155 million tonnes of mineral fertilizers and sold 1.162 million tonnes of fertilizers.

Odesa Port-Side Plant is in state ownership. The plant transships ammonia to vessels and produces chemical products.