PJSC Ukrzaliznytsia in January-June posted 1.53 billion UAH of net profit under Ukrainian Accounting Standards (UAS), according to a company report in the information disclosure system of the National Commission on Securities and the Stock Market.
Comparative figures for the same period of last year are not given in the report.
The company’s net income for the period amounted to 31.17 billion UAH, cost of products sold reached 28.9 billion UAH.
In addition, the company saw 2.29 billion UAH of other operating profit and suffered 3.84 billion UAH of other operating expenses.
Administrative expenses and selling costs stood at 283.75 million UAH.
Other income and other financial expenses amounted to 3.56 billion UAH and 2.09 billion UAH respectively.
Ukrzaliznytsia in 2015 saw 16.78 billion UAH of net losses under IFRS, up by 8.7% YoY. Ukrzaliznytsia explained such losses with the currency exchange difference of 13.91 billion UAH, arising in connection with the UAH devaluation. (Interfax/Business World Magazine)