Business news from Ukraine

Business news from Ukraine

Ukrainian enterprises increased pre-tax profit by almost 50% in January-September

1 December , 2024  

Ukrainian enterprises and organizations increased their pre-tax profit from ordinary activities by 48.2% to UAH 720.6 billion in January-September 2024 (UAH 486.3 billion in the first nine months of 2023), the State Statistics Service reported on Friday. According to the State Statistics Service, in January-September 2024, Ukrainian enterprises that operated profitably received UAH 892.788 billion in profit, which is 40% more than in the same period in 2023.

At the same time, 24.9% of enterprises reported negative financial results. Their losses for the first nine months of this year increased by 13.6% compared to the same period in 2023, to UAH 172.15 billion.

The official exchange rate as of November 29 is 41.5956 UAH/$1.