In January-September 2023, the state-owned company for the import and export of military and special services Ukrspetsexport earned a net profit of UAH 88.28 million, almost three times more than in the same period in 2022 (UAH 22.21 million).
According to the interim financial report of the state-owned company in the NSSMC disclosure system, net income increased by 91.9% to UAH 22 billion 028 million.
The company earned UAH 196.08 million in profit from operating activities, up 2.3 times, and gross profit doubled to UAH 1 billion 113 million.
At the same time, according to the company’s report to the NSSMC, in the first half of this year, Ukrspetsexport increased its net profit by 3.5 times compared to January-June 2022, to UAH 66.75 million, with net income growing by 2.8 times, to UAH 15 billion 159 million.
Thus, according to the results of the third quarter, the net profit of the state-owned company increased 7.3 times by July-September 2022 to UAH 21.53 million, while net income increased by 14.8% to UAH 6 billion 869.5 million.
As reported, in March 2022, Ukrspetsexport and its two subsidiaries, the specialized foreign trade company Progress and the foreign trade enterprise Spetstechnoexport, were temporarily excluded from the state concern Ukroboronprom and transferred to the Ministry of Defense by a government decision.
According to the National Securities and Stock Market Commission, in 2022, the state-owned company reduced its net profit by almost 2.5 times compared to 2021, to UAH 49.87 million, and its net income increased 12 times, to UAH 24 billion 174 million.
At the beginning of this year, the company employed 366 people (427 a year earlier).
