Business news from Ukraine

Business news from Ukraine

Revenue of Ukrainian tobacco companies rose by 10%, but profit fell to UAH 6.5 billion

17 September , 2026  

The combined revenue of Ukrainian tobacco companies that reported for the first half of both 2025 and 2026 increased by 10% and reached UAH 198.18 billion, according to Opendatabot.

The analysis included 41 companies that presented comparable financial statements for both periods. In absolute terms, their combined revenue increased by UAH 18.16 billion. Revenues grew at 26 companies, while they declined at 14 market participants.

At the same time, the increase in turnover did not lead to higher net profit. The companies’ combined net financial result decreased by approximately 8% compared with the first half of 2025, to UAH 6.5 billion.

At the same time, the structure of the industry in terms of profitability improved. In the first half of 2026, 29 out of 41 companies, or about 71% of the companies in the sample, made a profit. A year earlier, the share of profitable enterprises stood at 63%.

The number of loss-making companies declined from 14 to 11 over the year.

In total, 50 tobacco industry companies submitted financial statements for the first half of 2026, which is 13 fewer than in the same period last year. The comparison was conducted only among enterprises that submitted reports for both periods.

As of September 2026, 1,101 active companies operating in the tobacco sector were registered in Ukraine.

, , , ,