Business news from Ukraine

ZHYTOMYR PHARMACEUTICAL FACTORY POSTS 12% RISE IN NET PROFIT IN 2015

15 April , 2016  

KYIV. April 15 (Interfax-Ukraine) – Zhytomyr Pharmaceutical Factory LLC in 2015 saw net profit rise by 12.8% compared to 2014, to UAH 11.94 million.

According to a company report in the information disclosure system of the National Commission on Securities and the Stock Market, its net income increased by 29.2%, to UAH 292.069 million, gross profit rose by almost 50%, to UAH 153.249 million.

As reported, in 2014 Zhytomyr Pharmaceutical Factory saw net profit fall by 21.3% compared to 2013, to UAH 10.584 million.

Zhytomyr Pharmaceutical Factory produces medicines mainly based on raw materials of vegetable and animal origin under the trademarks of Vishpa and Zhytomyr Pharmaceutical Factory. When forming the product portfolio, the company gives priority to production and development of drugs that are used in urology, gynecology, rheumatology and pediatrics.