Business news from Ukraine

KHLIBPROM CONCERN SEES NET PROFIT RISE BY ALMOST 1.8 TIMES IN H1, 2017

27 July , 2017  

KYIV. July 27 (Interfax-Ukraine) – PJSC Khlibprom Concern (Lviv), one of the largest bakeries in Ukraine, in January-June 2017 saw its net profit rise by 1.8 times compared to the same period in 2016, to UAH 5.75 million.
According to a concern report in the information disclosure system of the National Securities and Stock Market Commission, its net income for the first half of the year rose by 7%, to UAH 491.98 million.
Gross profit increased by 4.5%, to UAH 171.8 million, operating profit decreased by 38%, to UAH 23.95 million.
PJSC Khlibprom Concern unites eight production divisions in Lviv and Vinnytsia regions. It owns the following trademarks: Khlibna Khata, VinnytsiaKhlib, Khlib Po-Lvivsky, Liubliana, Bandinelli, and Panerini.
Its core business is production of bread, confectionery and semi-finished bakery goods.