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Loss of Ukrzaliznytsia in 2018 increased by 6 times

Убыток Укрзализныци в 2018 году вырос в 6 разThe cost of salaries increased by more than eight billion.

The total loss of the Railways by 2018 made up 500,92 million, which is 6.5 times more than in 2017 – 77,24 million. This is evidenced by the audited financial report of the company.

The net profit amounted to 203,85 million, which is 80% more than in the previous year.

Revenue BONDS, according to the report, was 83.4 bn UAH, which is by 12.8% higher revenue, 2017 – 73,94 billion.

The major cost increase occurred in the wages Fund of 40.58 billion against 31,97 billion in 2017.

Revenue from transportation amounted to 76 billion (67.5 billion UAH – from freight traffic and 8.5 billion UAH – from the passenger), EBITDA of UAH 16 billion, EBITDA is 19.2%.

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