JSC Ukrzaliznytsia received almost UAH 39 million of profit in May, according to the company’s press service.
“We are confidently pursuing a stable profitability. For the second month in a row, the company completes its work with a profit – we received a positive financial result of almost UAH 39 million in May. We continue to improve operating work and develop the freight business, which is the main source of our company’s profitability,” said Acting Chairman of the Board of Ukrzaliznytsia Ivan Yuryk.
According to him, amid the financial crisis and the fight against the pandemic, Ukrzaliznytsia suffered a loss of UAH 693 million in January, UAH 534 million in February and UAH 448 million in March, whereas the profit amounted to UAH 35 million in April and almost UAH 39 million in May.
In May, the company increased the turnover of freight cars by 20.5% compared to the same period of the pre-crisis 2019. (Ukrinform/Business World Magazine)