Ukrhydroenergo Company in 2018 increased its net profit by 2.5 times - up to UAH 3.7 billion

In 2018, the net profit of PJSC Ukrhydroenergo increased by 2.5 times, up to UAH 3.63 billion as reported by the company’s press service.

At the same time, net income of the company for the reporting period increased by 39.6%, to UAH 7.961 billion. "The profitable activity of the Company over the past 10 years is a highly positive indicator ... The current liquidity ratio was 1.69, which indicates the sufficient ability to quickly and timely repay current liabilities of the company," states the press release.

As previously reported, in 2017, the company reduced its net income by 33.7% as compared to 2016, or to UAH 1,465 billion, with the net income decrease by 4.7%, or to UAH 5.716 billion over the period.

16:17 / 4 March, 2019