Business news from Ukraine

Business news from Ukraine

Ilta car dealer received UAH 35 mln in net profit

Ilta, the official dealer of Peugeot, Citroёn, DS and Jeep in Kyiv and Kyiv region, earned UAH 34.84 million in net profit in January-September this year, compared to a loss of UAH 36.67 million in the same period in 2022.

According to the company’s interim financial statements published in the NSSMC disclosure system, its net income increased by 83% to UAH 471.55 million.

The company’s profit from operating activities increased 3.8 times to UAH 56.52 million, and gross profit by 66% to UAH 86.35 million.

Ilta has been operating in Ukraine since 1991. It is the official dealer in Kyiv and Kyiv region of Stellantis car brands – Peugeot, Citroёn, DS, and since 2023 – Jeep.

The company provides a full range of operational leasing services for cars and commercial vehicles, customer car administration services, sales of new and used cars, maintenance, and also rents office space in its own business center.

According to the company’s annual report, in 2022, it suffered a loss of almost UAH 34 million, up 60.6% year-on-year, with net income more than halving to UAH 339 million.

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