PJSC Pyriatyn Cheese Factory (Poltava region), one of the largest cheese making enterprises of Ukraine, received a net profit of UAH 96.4 million in 2017, which is 1.6 times more than in 2016. According to a company report in the information disclosure system of the National Securities and Stock Market Commission, its net income last year increased by 1.4 times, to UAH 1.52 billion.
The gross profit of the cheese plant over the year increased by 1.4 times, to UAH 236.3 million, operating profit by 1.3 times, to UAH 126.96 million.
The sales of hard cheese in monetary terms decreased by 4.5%, to UAH 225.2 million, in natural terms by 28%, to 2,300 tonnes. Sales of processed cheese in money terms increased by 9.6%, to UAH 130.92 million, in natural terms decreased by 13.4%, to 2,150 tonnes.
Pyriatyn Cheese Factory is part of Milk Alliance, established in June 2006 as a holding company with a charter capital of UAH 23.5 million and a balance sheet, 99.9% consisting of long-term financial investments.
