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The Cabinet approved the financial plan of Ukrzaliznytsia for 2017

Кабмин утвердил финплан Укрзализныци на 2017 год Ukrzaliznytsia expects more than 60 million UAH of net profit in 2017.

The Cabinet of Ministers approved financial plan of public joint stock company Ukrzaliznytsia in 2017 with net profit 62,8 million UAH.

Consolidated financial plan of the company provides for income in the amount of 80.5 billion hryvnia, including transportation of 76.1 billion.

Net profit is planned in the amount of UAH 62,8 mln, EBITDA of 18.3 billion UAH.

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To the state budget and trust funds it is planned to allocate UAH 17 bn.

In addition, this year is expected indexation of tariffs for cargo transportation within Ukraine, 22.5% from October and an increase in traffic of 2.7% compared to the year 2016.

We will remind, in 2016, uz, in accordance with international financial reporting standards, net loss by 2.3 times, or by UAH 9.5 billion to 7.3 billion UAH in comparison with 2015.

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Also earlier it was reported that the company in January-March 2017 won 18.9 billion in revenue, which is 10.3% more than in January-March 2016.

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