Ukraine`s large and medium-sized enterprises see UAH 82 billion profits against last year`s loss

The State Statistics Service`s preliminary data show large and medium-sized enterprises of Ukraine in January-September 2016 received about UAH 82 billion of profit before tax, while in the same period last year the result was unprofitable, amounting to UAH 183.9 billion.

In January-September 2016 compared to the same period last year, the financial result of the profitable enterprises of Ukraine increased by 16%, to UAH 270.5 billion, while the financial result of the loss-making enterprises decreased by 54.8 %, to negative UAH 188.5 billion.

It is also reported that the number of unprofitable enterprises in Ukraine in relation to their total number over the six months of 2016 decreased by 7 percentage points – down to 32.8%.

According to the report, 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 zone of the Anti-Terrorist Operation.

As UNIAN reported earlier, according to preliminary data, the large and medium-sized enterprises of Ukraine, excluding budgetary institutions, received UAH 230.6 billion loss before tax in 2015, which is 1.7 times less than the revised data on loss before tax for the previous year`s level of UAH 389.1 billion.

Avatar photo

UaPositon

An independent media focused on Ukraine.
Follow us on social media:
Facebook
Twitter
Instagram

Submit a Comment

Your email address will not be published.

Share This

Share this post with your friends!