Motor Sich sees consolidated net profit rise by 36.7% in nine months of 2017

17:11, 26.10.2017 1 min read

PJSC Motor Sich (Zaporizhia) saw its consolidated net profit rise by 36.74% under international financial reporting standards (IFRS) in January-September 2017 compared to the same period in 2016, to UAH 2.576 billion.

The company reported in the information disclosure system of the National Commission on Securities and the Stock Market, its consolidated net income for the nine months increased by 20.85%, to UAH 9.108 billion.

In January-June 2017 Motor Sich saw consolidated net profit under IFRS rise by 78.3% compared to the same period in 2016, to UAH 2.288 billion, its consolidated net income increased by 34.7%, to UAH 6.819 billion.

PJSC Motor Sich is one of the world's largest manufacturers of engines for aircraft, as well as industrial gas turbines. It delivers products to more than 100 countries.