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 364.1 million ($13.8 million), up by 7.85% YoY, according to a company announcement in the National Securities and Stock Market Commission’s information disclosure system. (UNIAN/Business World Magazine)