: :inin Kyiv (EET)

Large, medium-sized enterprises of Ukraine reduce loss by 6.6 times

Large and medium-sized enterprises of Ukraine, excluding budgetary institutions, according to preliminary data, received UAH 58.556 billion loss before tax in the first quarter of 2016, which is 6.6 times lower than the adjusted figure for the same period last year at UAH 385.935 billion, according to the State Statistics Service of Ukraine.
In the first quarter compared to the same period last year, the financial result of the profitable enterprises decreased by 20.7% to UAH 97.518 billion, the result of unprofitable enterprises decreased by 69.3%, to UAH 156.074 billion.
It also reported that the number of loss-making enterprises in relation to their total number for the quarter decreased by 6.9 percentage points to 39.7%. The biggest share of unprofitable enterprises was recorded in the sectors of arts, sports, entertainment and recreation (68.7%), transactions with real estate (54.7%), transport, storage, postal and courier activities (46.1%).
According to the State Statistics Service, data are presented excluding the temporarily occupied territory of the Autonomous Republic of Crimea and Sevastopol, as well as part of the area of the Anti-Terrorist Operation.


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