Business news from Ukraine

Business news from Ukraine

UKRZALIZNYTSIA RECEIVES UAH 21 MLN IN PROFIT IN JAN

14 February , 2022  

JSC Ukrzaliznytsia received UAH 21 million in net profit in January 2022 versus a loss of UAH 693 million in January 2021, Oleksandr Kamyshin, head of the company’s board, said on his Telegram channel on Monday.
According to him, revenue increased by 63%, to UAH 9.3 billion (versus UAH 5.7 billion in January 2021). EBITDA increased five times to UAH 2.6 billion (January 2021 – UAH 506 million).
“This is despite the fact that now we have received UAH 1.8 billion exchange loss, and last year there was UAH 117 million exchange income,” he said.
As reported, JSC Ukrzaliznytsia received UAH 457 million in net profit in 2021 versus a loss of UAH 11.9 billion a year earlier.

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