JSC Ukrenergomash (Kharkiv) ended the first quarter of this year with net sales revenue of UAH 225.3 million, which is 23.3% more than in January-March 2024.
According to the company’s financial report on its website, net profit amounted to UAH 0.25 million, up 35%.
The company received UAH 92.75 million in gross profit, almost nine times more than in the first quarter of last year, while operating profit amounted to UAH 8.1 million, up 87%.
Ukrenergomash slightly reduced its current liabilities compared to the beginning of the year to UAH 2.302 billion, while long-term liabilities also decreased slightly to UAH 182.4 million.
Ukrenergomash, more than 75.22% of whose shares are owned by the state, is the only manufacturer of turbine equipment for hydro, thermal, and nuclear power plants in Ukraine. It also manufactures electric motors for rail and urban transport.
According to the company’s annual report, in 2024, it more than doubled its net sales revenue to almost UAH 799 million and received UAH 0.88 million in net profit compared to UAH 0.2 million in 2023.
The average number of employees in 2024 was 2,739 (3,492 in 2023).
