Home / Business / Bogdan Motors Received UAH 191 Million In Net Revenues for Half Years / News / Finance.ua

Bogdan Motors Received UAH 191 Million In Net Revenues for Half Years / News / Finance.ua



PJSC Bogdan Motors, an automobile company combining production assets of Bogdan Corporation, received UAH 191.19 million in consolidated net profit in January-June 2018, whereas in the same period in 2017, net the loss amounted to UAH 1 billion 703.5 million

According to the company's financial statements in the disclosure system NCSSMF its consolidated net income increased by 22.4% to UAH 204.53 million [19659002] During the first half of the year, Bogdan Motors received UAH 42.14 million gross profit – 83% more than in January-June-2017, and from operating profit amounted to 270.28 million UAH against UAH 257.03 million UAH

The volume of obligations of the company by July 1 this year is 7 billion 069 million USD, including loans to banks – 4 billion 031 million UAH [19659002] As it was reported, in the first quarter of this year the company received 40.9 million USD of consolidated net income and 106.07 million UAH of net income, thus in the second quarter its profit amounted to 150.29 million UAH and its net income was 98 , UAH 5 million

PJSC "Automobile company Bogdan Motors" combines production assets of one the leading Ukrainian automakers – Bohdan corporation (bus and trolleybus plant in Lutsk and a car factory in Cherkassy).

Help Finance.ua:

  • In 2017, the company increased its net loss by 2.3 times by 2016, to UAH 635.08 million
  • Net income decreased by 34% to UAH 435.89 million

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