DTEK Pavlogradugol makes the net loss in the amount of 389 million hryvnias

In January-June 2014, DTEK Pavlogradugol (Dnepropetrovsk), which is the largest coal producer in the Ukraine, made the net loss under IAS in the amount of 389.188 million hryvnias against the net profit in the amount of 102.455 million hryvnias in the same period of 2013, the Interfax-Ukraina writes.

According to the enterprise’s report, in the first six months its net income increased by 1.5% (by 64.47 million hryvnias) as compared with January-June of the previous year to 4 272.381 million hryvnias, while the total profit decreased by 47.7% (by 381.796 million hryvnias) to 418.385 million hryvnias.

On the results of the second quarter of 2014, DTEK Pavlogradugol increased its net profit 3.9 times (by 165.647 million hryvnias) as compared with April-June of the previous year to 223.66 million hryvnias, the net income by 13.8% (by 283.614 million hryvnias) to 2 339.868 million hryvnias, and the total profit by 2.8% (by 10.05 million hryvnias) to 364.415 million hryvnias.