Business news from Ukraine

KHARKIV BISCUIT FACTORY SEES 22% RISE IN NET PROFIT IN 2017

21 March , 2018  

Public joint-stock company Kharkiv biscuit factory saw a 22.4% rise in net profit in 2017, to UAH 161.35 million. According to a company report posted in the information disclosure system of the National Commission for Securities and the Stock Market, undistributed profit grew by 17.8%, to UAH 1.06 billion. Noncurrent liabilities soared 1.6-fold, to UAH 5.19 billion and current liabilities – 1.5-fold, to UAH 129.1 million.
Total bills receivable rose by 18%, to UAH 470.04 million.
Kharkiv biscuit factory produces flour confectionery. Its annual capacity is around 40,000 tonnes of products. The enterprise is part of Biscuit-Chocolate Corporation founded in 2004. It also incorporates public joint-stock company Kharkivchanka confectionery factory, Prestige Trade House LLC, public joint-stock company Pervukhinsky sugar refinery, Krasnohradsky Mlyn LLC and public joint-stock company Skovoroda Agrofirm.