By KYIV. Dec 4 (Interfax-Ukraine) – JSC Dnipropetrovsk Aggregate Plant (Dnipro) in January-September 2023 increased net income from product sales by 72% compared to the same period in 2022, to almost UAH 235.6 million.
According to the company’s interim reporting published in the information disclosure system of the National Securities and Stock Market Commission, its net profit more than doubled – to UAH 69.4 million.
During the reporting period, the plant received UAH 100.16 million in operating profit (twice as much), and gross profit amounted to UAH 131.15 million (39.6% more).
As reported, in the first half of this year, the plant increased its net profit by 8.3%, to UAH 33.83 million, with net income growing by 46%, to almost UAH 132 million.
Thus, in the third quarter of 2023, net profit increased by 15.3 times compared to the same period in 2022, to UAH 35.6 million, and net income by 2.2 times, to UAH 103.6 million.
At the same time, the report notes that Russian military aggression against Ukraine remains the main risk factor, “which continues to influence inflation processes, which is reflected in rising prices for materials, equipment and energy resources, reducing the possibility of receiving funds as the need for them grows.”
At the same time, the document says, the plant is implementing measures aimed at increasing return on capital by optimizing the structure of debt and equity capital to ensure continuity of operation.
According to the plant’s previously announced plans, the company considers expanding the order portfolio by 1.5 times by 2022 one of the key development factors in 2023.
