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Ukraines state-owned companies report profits shrinking 41.9% in H1 2018
Journal Staff Report

KYIV, Jan 9 - The top 100 largest state-owned companies in Ukraine in January-June 2018 reduced net profit compared to the same period of 2017 by UAH 15.5 billion, or 41.9%, to UAH 21.5 billion, according to the website of the Ministry of Economic Development and Trade.

"The main factor that influenced the decrease in the financial result of the portfolio was the reduction in the net profit of Naftogaz Ukrayiny, which accounts for about 51% of the total financial result of the entire portfolio," the ministry explained.




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