Business news from Ukraine

Business news from Ukraine

“Ukrposhta” increased its revenue by 12.3%

4 December , 2024  

In January-September 2024, Ukrposhta increased its revenue by 12.28% compared to the same period last year – up to UAH 9 billion 387 million, according to data posted on the website of the Ministry of Communities and Territories Development (Ministry of Development).
According to the report, the company’s gross profit increased 2.4 times in January-September 2023 to UAH 930.69 million, and its net loss decreased by 4.9% to UAH 565.64 million, including UAH 565.64 million in expenses.
Earlier it was reported that in the first half of 2024, Ukrposhta increased its revenue by 10.6% year-on-year to UAH 6 billion 170.2 million, while reducing its net loss by 34.5% to UAH 428.1 million. The company’s gross profit increased 16.6 times from UAH 31.1 million to UAH 550.6 million in the period under review.