Dneprovagonmash ended 2020 with a loss

The railcar-building enterprise Dneprovagonmash JSC (Kamenskoye, Dnepropetrovsk region), controlled by the financial and industrial group TAS of Serhiy Tigipko, according to preliminary data for 2020 received a consolidated net loss of UAH 165 million. A year earlier, in 2019, the company, on the contrary, received a net profit of UAH 334 million. This is reported by the railway magazine Railway Supply with reference to the CFTS.

Dneprovagonmash ended 2020 with a loss

According to the agenda of the general meeting of shareholders of the company on April 22, published in the information disclosure system of the National Commission on Securities and Stock Market, its retained earnings by January 1, 2021 amounted to UAH 432.46 million (a year earlier – UAH 590.55 million).

Earlier it was reported that Dneprovagonmash received UAH 28 million in net loss in the first quarter of 2020.


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