The Ukrrichflot shipping company (Kyiv) made a net profit of UAH 60.599 million in 2015, which is 6.8 times more than its net profit in 2014, according to preliminary data. The Interfax Ukraine news agency reported this, citing the agenda of a meeting of the company’s shareholders scheduled for April 25.
The company's assets were valued at UAH 1.277 billion as of 31 December 2015, which is 15% more than the value as of the same date in 2014.
Ukrrichflot’s total receivables in the reporting period reduced by 11.5% to UAH 91.325 million, cash funds and cash equivalents increased by 83.3% to UAH 18.35 million, and retained profits amounted to UAH 54.7 million.
The equity capital of the company increased by 6.5% to UAH 874.8 million, its authorized capital remained unchanged at UAH 475.5 million, its long-term liabilities increased by 4.8% to UAH 145.3 million, and its current liabilities increased by 69.5% to UAH 257 million.
Ukrrichflot is the largest river carrier in Ukraine. It consists of the Dnipropetrovsk, Zaporizhia, Mykolaiv, and Kherson river ports. The company's fleet consists mainly of bulk carriers, which are used for sea and river transport. The company operates in the Mediterranean, Black, Azov, Baltic, and North Sea basins, as well as in the Danube, Southern Bug, and Dnipro rivers. Ukrrichflot became part of Kostiantyn Hryhoryshyn’s Energy Standard group of companies in August 2007.