Bogdan Motors sees UAH 191 mln of net profit in H1 2018

11:38, 01.08.2018 1 min read

PJSC Bogdan Motors Automobile Company, uniting industrial assets of the Bogdan Corporation, in January-June 2018 saw UAH 191.19 million of consolidated net profit, while a year ago its net loss amounted to UAH 1.704 billion.

According to a company report, consolidated net revenue grew by 22.4%, to UAH 204.53 million.

In H1 2018, the company saw UAH 42.14 million in gross profit (83% more), and UAH 270.28 million of operating profit (UAH 257.03 million of loss).

The company's liabilities as of July 1, 2018 totaled UAH 7.069 billion, including bank loans of UAH 4.031 billion.

PJSC Bogdan Motors Automobile Company unites the production assets of Bogdan Corporation, one of the leading Ukrainian automakers (a bus and trolleybus plant in Lutsk and a car factory in Cherkasy).