Roshen factory in Kyiv net profits rise by 9 times in 2014

17:21, 13.02.2015 1 min read

PJSC Kyiv confectionery factory Roshen in 2014 saw a net profit of UAH 34.8 million, which is about 8.9 times more than in 2013, according to the information disclosure system of the National Commission on Securities and the Stock Market.

According to the official announcement of a shareholders' meeting scheduled for April, the company's assets over the past year decreased by about 4%, to UAH 784.3 million. Retained profits of the enterprise by the end of last year amounted to UAH 341.4 million.

Its total debtor indebtedness was up by 27%, to UAH 67.52 million. Current liabilities compared to 2013 decreased by 22.6%, to UAH 213.07 million, long-term liabilities - by 9.8%, to UAH 51.8 million.

The Roshen Corporation, one of the largest confectionery producers in Ukraine, includes confectionery factories in Kyiv, Mariupol (Donetsk region), Kremenchuk (Poltava region), two facilities in Vinnytsia, and two confectioneries abroad – in Klaipeda (Lithuania) and Lipetsk (Russia). It also incorporates Ukrainian dairy producer Bershadmoloko and Litynsky stud farm.