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Ukrzaliznytsia reported losses for two summer months

Photo: Ukrzaliznytsia

The company hopes that the situation will improve due to the intensification of exports of grains after the harvest campaign.

Chairman of the Board of JSC Ukrzaliznytsia Evgeniy Lyashchenko reported that Ukrzaliznytsia suffered losses of UAH 600-700 million in July-August. Writing about it Interfax-Ukraine on Wednesday, September 4th.

The company now expects a small loss for 2024, despite the profitability of the first half of the year.

“For six months, we actually had a profit of up to 3 billion UAH, but in July and August we faced losses. In July, about 600-700 million UAH, in August we also expect a loss of up to 700 million UAH .. We do not yet have profitable cargo volumes that provide a margin of safety,” said Lyashchenko.

The head of the board expressed hope that the situation will improve due to the intensification of exports of grains after the harvest campaign. However, this will not prevent a small damage at the end of the year.

We reported that earlier Ukrzaliznytsia Based on July operating results, it experienced a loss for the first time since the beginning of the year, despite improved operating efficiency compared to last year.

UZ broke records for the number of goods transported for export
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Source: korrespondent

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