Lifecell mobile operator in July-September 2019 increased its net loss by 82.3% compared to the same period in 2018, to UAH 338.3 million, the company has said.
According to the interim report, the operator’s income in the third quarter increased by 11.8%, to UAH 1.529 billion, EBITDA by 32.9%, to UAH 810.5 million. At the same time, the EBITDA margin increased by 8.4 percentage points, to 53%.
The Lifecell active subscriber base for July-September 2019 decreased by 9.2% compared to the third quarter of 2018 and amounted to 6.9 million users, while the total base by 10.9%, to 9 million.
The average revenue per user (ARPU) of the active subscriber base increased by 26%, to UAH 74.7.
The operator’s capital investments for the specified period amounted to UAH 547.7 million, which is 34.4% less than for the same period in 2018.
Compared to the second quarter of this year, the active subscriber base in the third quarter rose by 100,000 people, revenue by 3.2%, EBITDA by 1.5%, net loss by 15.4%, and capital investments by 56.5%.
DTEK Renewables has commissioned the 240 MW Pokrovska solar plant (Nikopol district, Dnipropetrovsk region).
The press service of the company said Pokrovska solar plant is a project implemented by Ukrainian companies and specialists. Some 16 enterprises took part in the construction, which received orders worth EUR48 million.
Pokrovska solar plant consists of 840,000 solar panels manufactured by Risen (China). It is expected that each year the plant will produce 400 million kWh of “green” electricity, which is enough to provide 200,000 households.
“Pokrovska solar plant is the company’s third project in solar energy, investment in which amounted to EUR193 million,” DTEK CEO Maksym Tymchenko said.
He said that the payback period in current tariffs is estimated at six to six and a half years.
In addition, he said that DTEK plans to implement the project for building the Energy Storage system either at Pokrovska or Nikopol solar station.
Official rates of banking metals from national bank as of November 01
One troy ounce=31.10 grams
National bank of Ukraine’s official rates as of 01/11/19
Source: National Bank of Ukraine
The State Automobile Roads Agency (Ukravtodor) and China’s Poly Changda Engineering Co. Ltd have signed a memorandum of cooperation as part of the implementation of the first phase of construction of Big orbital roads around Kyiv connecting M-05 Kyiv-Odesa and M-06 Kyiv-Chop highways.
According to a posting on the website of the Infrastructure Ministry, during signing the document, Infrastructure Minister Vladyslav Krykliy said that the memorandum is an important stage in cooperation for the start of construction of the orbital road.
“Our goal is to ensure 40% growth of the country’s economy in five years, and for this we need to ensure large-scale construction throughout the country. Any infrastructure project gives a return with the greatest multiplier. Each dollar invested today in a year will give plus $2 for the economy. We are very pleased that Poly Changda Engineering shares our big investment plans, and especially in such important projects as the Great Orbital Road around Kyiv. In Ukraine, there was no experience of concession roads, so it is very important to start these projects with large reliable strategic partners,” the press service said, citing Krykliy.
At the same time, Krykliy expressed his expectations that both sides will be able to quickly complete all the required preparatory technical and economic calculations and begin construction next year.
