«Darnitsa» increases its net profit by 31%
No dividends will be paid. The net profit of UAH 449 134 thousands will be reinvested for the companys financial needs

PrJSC «Pharmaceutical firm «Darnitsa» got UAH 449.134 million net profit in 2018, which is 31.3 percent more than in 2017.
This is what the company’s shareholders are going to discuss during the annual yearly meeting, planned for April 3.
Subscribe to the weekly newsletter of the digest of regulatory changes from Mind.ua!
«To approve the following procedure of distribution of profits in line with the financial results of 2018: leave the net profit of UAH 449 134 thousands for the company, forwarding the money for its financial needs. No dividends will be paid», says the project of the company’s decision.
According to the financial reports of the company, undistributed profit of the «Darnitsa» estimated UAH 1.56 billion as for the beginning of 2019.
«Darnitsa» assets increased by 30.9 percent, to UAH 4.032 billion during 2018; total debt balance grew by 49.8 percent, to UAH 1.2 billion; long-term liabilities – increased by 2.8 fold, to UAH 879.7 million. Current liabilities decreased by 20.3 percent, to UAH 264.73 million.
At the beginning of 2019, the company accumulated UAH 212.43 million free cash: twice as more as the year before.
Net operating income in 2018 increased by 18.7 percent, to UAH 3.002 billion.
Last year «Darnitsa» paid some UAH 104,573 billion income tax, which by 29.3 percent more than a year before. Labour payment expenses also increased by 35 percent and exceeded UAH 318 million.
If you have read this article to the end, we hope that means it was useful for you.
We work to ensure that our journalistic and analytical work is of high quality, and we strive to perform it as competently as possible. This also requires financial independence. Support us for only UAH 196 per month.
Become a Mind subscriber for just USD 5 per month and support the development of independent business journalism!
You can unsubscribe at any time in your LIQPAY account or by sending us an email: editor@mind.ua