D. Trading spiked in its FY2020 profit by 30 times, up to 48.3 billion euros
In 2020, the D. Trading LLC of the DTEK increased its revenue by 1.5 times and its profit by 30 times, up to UAH 1.595 billion (48.3 milion euros at the currency rate UAH33/1 euro), according to FY2020 Financial Report data published by the BusinessCensor news agency.
In particular, the company's revenue for 2020 amounted to UAH 63.33 billion (1.9 billion euro), which was by 56% more than in 2019 (UAH 40.65 billion, 1.23 billion euro).
The cost of goods sold amounted to UAH 60.08 billion (1.82 billion euro). Thus, gross profit of the company reached UAH 3.252 billion (98.5 million euro).
The net profit amounted to UAH 1.595 billion (48.3 million euro), which was 34 times more than in 2019 (UAH 47 million or 1.4 million euro).