Public joint-stock company Tavria Vintage Cognac House (Kherson region) saw UAH 31.12 million of net profit in 2017, which is 56.5% less than a year ago (UAH 71.66 million).
According to a company report in the information disclosure system of the National Commission for Securities and the Stock Market on holding a general meeting of its shareholders on April 27, its assets last year grew UAH 2.294 billion from UAH 2.087 billion in 2016. Undistributed profit at the end of 2017 was UAH 499.88 million, which is 6.6% more than in 2016 (UAH 468.77 million). Noncurrent liabilities slightly grew, accounting for UAH 559.86 million and current liabilities rose by 14%, to UAH 1.177 billion.
Tavria Vintage Cognac House is one of the largest wineries in Ukraine. The following brands of cognac are made at Tavria Vintage Cognac House: Tavria, Borisfen, Georgievskiy, Jatone and ALeXX. Its own raw materials supply base includes 1,400 hectares of vineyards.
