KYIV. March 27 (Interfax-Ukraine) – Rubizhne cardboard packaging mill in Luhansk region, one of Ukraine’s largest cardboard packaging producers, in 2016, according to preliminary data, received a consolidated net profit of UAH 139.45 million, while in 2015 its loss amounted to UAH 242.95 million.
According to the information on the agenda of a general meeting of shareholders scheduled for April 28, undistributed profit of the enterprise by the beginning of 2017 amounted to UAH 558.32 million.
As reported, in 2015 the plant more than halved consolidated loss.
According to the publication, over the year the plant increased current liabilities by 42.4%, to UAH 998.05 million, long-term liabilities declined by 2.5 times, to UAH 230.27 million.
Total debtor indebtedness for the year increased by 23.6%, to UAH 590.72 million. In general, assets as of January 1, 2017 amounted to UAH 2.35 billion, net worth stood at UAH 1.122 billion.
The number of employees for the year decreased by 86 people, to 1,142 employees.
The Rubizhne cardboard packaging mill has worked on the packaging market since 1991, and specializes in the production of components for corrugated cardboard (cardboard and fluting) and corrugated cardboard boxes.
Its most important customers are large confectioneries, juice and tobacco producers.
