Krukovsky Railcar Building Plant (KVSZ) received UAH 236.1 million in net loss in January-September 2021 compared to UAH 129.1 million in profit in the same period last year.

KVSZ

The company’s net income in January-September decreased 2.6 times – to UAH 1.01 billion.

This is reported by the railway magazine Railway Supply.

For 9 months the enterprise received UAH 34.1 mln gross loss against UAH 240.2 mln in the same period in 2020.

The owner of KVSZ offered to allocate UAH 31.5 billion for the purchase of freight cars

KVSZ received UAH 243.1 million in losses from operating activities, compared to UAH 129.9 million in operating profit.

Freight car sales in the first half of the year decreased by 47.3% to 558 units. Net income from the sale of freight cars for the reporting period decreased 2.9 times – to UAH 648.7 million.

Income from the sale of spare parts for freight cars and other stocks increased 4.3 times – up to UAH 239.2 million.

Recall that Dneprovagonmash JSC (Kamenskoe, Dnipropetrovsk region) in January-September 2021 received a net loss of UAH 97.7 million, which is 17.7% less than in the same period in 2020.

Note that for 9 months in Ukraine, car builders produced 1,396 units of freight cars and platforms. While in September only 183 cars were produced.

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