Business news from Ukraine

Business news from Ukraine

DYCKERHOFF SEES NET PROFIT RISE IN UKRAINE IN 2019

PrJSC Dyckerhoff Cement Ukraine (Kyiv) in 2019 increased its net profit by five times compared to 2018, to UAH 814.2 million.
According to a company report in the information disclosure system of the National Commission on Securities and the Stock Market regarding a meeting of shareholders scheduled for March 24, net profit per share in 2019 amounted to UAH 5.1.
Uncovered loss amounted to UAH 387.2 million, while a year earlier the company’s retained earnings amounted to UAH 1.18 billion.
Total debtor indebtedness decreased by 1.6%, to UAH 108.6 million, long-term liabilities by 21.4%, to UAH 1.32 billion, current liabilities by 38.8%, to UAH 355.5 million.
In 2019, the company increased its assets by 8.7%, to UAH 2.65 billion.
Dyckerhoff Cement Ukraine is one of the largest cement plants in Ukraine. The company is owned by Germany’s Dyckerhoff GmbH (99%).