For 10 months of 2021, Ukrzaliznytsia JSC received UAH 113.5 million of net profit. This was announced by the head of the board of the company Alexander Kamyshin.

Alexander Kamyshin

“Ukrzaliznytsia can be profitable, and we have proved it. The company completed October with a net profit of almost UAH 575 million, and for 10 months of 2021 received a positive financial result – UAH 113.5 million. I would like to thank each member of my team and all railway workers for their well-coordinated work and the results achieved. I am confident that we will be able to complete 2021, unlike last year, with a profit, ”the head of the company emphasized.

The railway magazine Railway Supply reports about this with reference to the press service of UZ.

He also recalled that over 10 months of last year, the company received 11.8 billion in losses. A negative financial result was also recorded for the first half of 2021 – UAH 1.4 billion in losses.

Cost of activities of UZ supervisory board is calculated

Also, EBITDA for 10 months of 2021 reached UAH 10.3 billion, which is UAH 2.8 billion more than in the corresponding period last year. At the same time, income from the sale of Ukrzaliznytsia products increased by 12% and amounts to UAH 69 billion.

The lion’s share in the structure of income from product sales is income from freight traffic, which in January-October 2021 amounted to more than UAH 57 billion. As previously reported, UZ plans to receive UAH 12 billion in profit next year.

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By the end of the year Ukrzaliznytsia will be profitable, – Alexander Kamyshin

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