PJSC Borschahivsky Chemical Pharmaceutical Plant in 2016 doubled net profit in comparison with 2015, to UAH 118.702 million.
According to the company’s announcement of a shareholders’ meeting scheduled for April 27, posted in the information disclosure system of the National Securities and Stock Market Commission, its assets for the reporting period increased by 14.6%, to UAH 1.413 billion, net worth by 28.69%, to UAH 1.202 billion.
In 2015 the plant received a net profit of UAH 59.3 million, which is 35%, or UAH 15.4 million, higher than in 2014.
In 2016, the plant entered the top ten in terms of pharmacy sales and occupied 4.2% of the market.
In March 2015, Kyiv sold its 30% stake in Borschahivsky Chemical Pharmaceutical Plant to Darnytsia pharmaceutical firm (Kyiv) for UAH 171.844 million.
In January 2016, the Antimonopoly Committee of Ukraine authorized Darnytsia to acquire more than 50% of the shares in the plant. However, in April 2016, the committee fined the company UAH 20,400 for the acquisition of a 30% stake in the plant without a relevant permission from the regulator. (Interfax-Ukraine/Business World Magazine)