KYIV. Oct 26 (Interfax-Ukraine) – Turboatom (Kharkiv), Ukraine’s largest producer of turbine equipment, in January-September 2015 posted a net profit of UAH 1.288 billion, which is 56.5% higher than in January-September 2014.
According to a company financial report in the information disclosure system of the National Commission on Securities and the Stock Market, its net income for the period increased by 35%, to UAH 2.077 billion.
The company saw UAH 1.132 billion in gross profit, while operating profit grew by 71.4%, to UAH 1.340 billion.
The liabilities of Turboatom as of October 1 this year amounted to UAH 1.075 billion, in particular debtor indebtedness for goods and services totaled UAH 21.78 million, received advanced payments – UAH 905 million, budget payments – UAH 3.2 million, wage arrears – UAH 12.5 million, and current liabilities – UAH 60 million.
Taking into account the previously announced performance of Turboatom in January-June 2015, in July-September the company tripled its net profit year-on-year, to UAH 450.48 million, while net income increased by 56.3%, to UAH 783.43 million.
Turboatom is the only Ukrainian producer of turbine equipment for hydro, thermal and nuclear power plants.