Ukraine: major arms exporter profit up in Q1 2018
The state-owned company Ukrspecexport, a part of the State Concern Ukroboronprom and Ukraine’s main exporter of all types of weapons and military equipment, increased its net profit by 69% YoY in January-March, to UAH 64.34 million ($2.4 million) from UAH 38 million ($1.4 million). Net revenue from sales of products in Q1 stood at UAH…