Business news from Ukraine

UKRPOSHTA DOUBLES PROFIT IN TEN MONTHS

4 December , 2015  

KYIV. Dec 4 (Interfax-Ukraine) – The profit of state enterprise of postal services Ukrposhta in January-October 2015 amounted to UAH 29.5 million, which is twice higher than in 2014, according to a press release from the company.

Total income for the period increased by 10.5% and amounted to UAH 3.552 billion.

The press service notes that revenues from international shipments were up by 25%. Revenues from housing utilities and other services payments increased by 25% as well.

The total amount of taxes and fees the company paid to the national budget exceeded UAH 1 billion, increasing by 1.3% compared to the same period last year.

Ukrposhta is a national postal operator according to the order of the Cabinet of Ministers dated January 10, 2002. It is managed by the Infrastructure Ministry of Ukraine.