KYIV. Oct 27 (Interfax-Ukraine) – The manufacturer of glass containers, Verallia Ukraine (Zoria village, Rivne region), a subsidiary of the French Verallia, in January-September of this year saw a net profit of UAH 459.3 million versus a loss of UAH 88 million for the same period 2022.
According to the company’s financial report in the information disclosure system of the National Securities and Stock Market Commission, the company’s net income grew by 45.3%, to UAH 2.123 billion.
According to the report, the enterprise’s gross profit amounted to UAH 710.9 million – 8.3 times more, operating profit grew to UAH 582.2 million from UAH 5.45 million.
As reported, in the first half of this year, Verallia Ukraine received a net profit of UAH 318.3 million versus a loss of almost UAH 105 million for the nine months of 2022, with net income growing by 62.8%, to UAH 1.429 billion.
Thus, in the third quarter, the company increased net profit by almost 8.4 times compared to July-September 2022, to UAH 141 million, and net income increased by 19%, to almost UAH 694 million.
“In the third quarter, Verallia Ukraine continued to operate as usual, maintaining its position in the glass container market in Ukraine. The financial position remains stable, and wage and budget payments are made on time,” the company said in the report.
PJSC Verallia Ukraine produces glass containers for alcoholic beverages and food products.
The immediate parent company is the German Verallia Deutschland, and actual control is exercised by Verallia Packaging.