KYIV. Feb 16 (Interfax-Ukraine) – Pubic joint-stock company Kokhavynska paper factory (Lviv region), a hygienic paper goods producer, tentatively saw UAH 58.25 million of net profit in 2016. This was 44% more than in 2015.
The company said in a report on the agenda of the general meeting of the company’s shareholders scheduled for March 23, undistributed profit as of early 2017 was UAH 183 million compared to UAH 128.8 million a year ago.
Current liabilities almost doubled, to UAH 38 million and noncurrent – grew by 2.4 times, to UAH 199.6 million.
Assets totaled UAH 241.85 million as of January 1, 2017 (a rise of 54%). Total debt rose by 3.5%, to UAH 32.1 million.
Kokhavynska paper factory has been operating since 1939. The factory producers base paper for hygienic goods, toilet paper and paper towels.
Its charter capital is UAH 710,000. As of Q3, 2016, five resident individuals held over 10% each in the factory, including almost 12% belonged to the head of the supervisory board, Mykhailo Tytykalo.
