Kostopil Glass Plant more than triples net profit for nine months

KYIV. Nov 6 (Interfax-Ukraine) – The large Ukrainian manufacturer of glass containers PrJSC Kostopil Glass Products Plant (Rivne region) in January-September of this year received a net profit of UAH 408.56 million, which is 3.6 times more than in the same period of 2022.

According to the interim reporting of the company, published on its website, net income for this period increased by almost 26% – to UAH 1.402 billion.

The company’s operating profit increased 3.3 times – to UAH 504.2 million, gross profit increased 2.6 times – to UAH 567.1 million.

In January-September, beverage containers were mainly sold (95% of total sales), of which 259.2 million units were sold for UAH 1.344 billion.

The plant produces bottles for perfume and medical products and bottles for alcoholic and non-alcoholic drinks, as well as two-liter decanters.

The company, according to information on its website, is one of the leading industrial enterprises in Rivne region and is one of the five largest manufacturers of glass containers in Ukraine. The enterprise’s capacity allows it to produce 432 million glass products per year.

The main buyers are the trademarks Nemirov, Khortitsa, Khlibny Dar, Pepsi-Cola, Carlsberg.

Products are sold in Ukraine and exported to Poland, Hungary, Romania, Slovakia, Spain, and Moldova.

In 2022, some 84% of products sold were exported (compared to 49% a year earlier), mainly to Poland and Hungary.

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