Business news from Ukraine

UNITED MINING CHEMICAL COMPANY POSTS UAH 631.8 MLN PROFIT IN 2015

24 March , 2016  

KYIV. March 24 (Interfax-Ukraine) – United Mining and Chemical Company, managing Vilnohirsk mining and metallurgical combine (Dnipropetrovsk region) and Irshansk mining and processing complex (IGOK, Zhytomyr region), in 2015 posted a net profit of UAH 631.8 million.

According to the Ministry of Economic Development and Trade’s presentation on the results of work of the largest state-owned enterprises of Ukraine for 2014-2015, the company’s revenue was UAH 1.829 billion in 2015.

Comparable data for 2014 are not provided.

The press service of the company told Interfax-Ukraine that the company’s pretax profit in 2015 amounted to UAH 773 million.

As reported earlier, the company in January-September 2015 saw a pretax profit of UAH 414.5 million, its net profit amounted to UAH 238 million, income stood at UAH 1.167 billion.

United Mining and Chemical Company sells its products in more than 30 countries. The main markets of the company are the EU, China, Turkey, the United States, and Africa.