Business news from Ukraine

“Ukrposhta” reduced net loss 2.1 times in Q1

4 July , 2024  

JSC “Ukrposhta” in January-March 2024 increased income by 10.1% year-on-year to UAH 3.05 billion, reducing net loss 2.1 times to UAH 190.3 million.
“Net income from the sale of products (goods, works, services) For the first quarter of 2024 is UAH 3.05 billion, which is UAH 340.2 million or 10.0% less against the plan and UAH 280.4 million or 10.1% more against actual data for the first quarter of 2023,” the company said on its website on Wednesday.
Non-fulfillment of the income plan is due to the fact that the company was not able to provide services in full on the territories where hostilities are conducted and on temporarily occupied territories. At the same time, for a number of basic services there is an increase in sales volumes, which allowed to ensure the growth of income compared to the same period last year, indicated in JSC “Ukrposhta”.
EBITDA of the company in the I quarter of 2024 amounted to 83.7 million UAH.
“Ukrposhta” in the first quarter of 2024 received domestic and international shipments in the amount of 24.1 million units of written correspondence, 12.4 million parcels. Also, paid 3.5 million transfers and 9.5 million pensions and cash benefits;
1.2 thousand titles of periodicals of Ukraine were distributed by subscription and retail, which amounts to 16.7 million units, including 14.3 million units by subscription and 2.4 million units by retail.
Ukrposhta JSC had 5.57 thousand stationary outlets and 1.86 thousand mobile outlets. The average number of full-time employees as of the first quarter of 2024 is 34.258 thousand people, including postal operators – 7.053 thousand, postmen – 7.974 people.
The average salary of a full-time employee of Ukrposhta in the I quarter of 2024 13.799 thousand UAH.

 

 

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