Concern Khlibprom finished 2017 with a net profit

By 2017 results, Concern Khlibprom received UAH 2.7 million of net profit. Concern's gross profit in comparison with the previous year grew by 5.3% and amounted to UAH 372.8 million. Such financial results confirm the Company’s reliability and indicate a high level of its operational efficiency.

Loss on exchange rate differences, which was the main cause of losses in previous years, decreased by 65%. This was achieved through the optimization of the loan portfolio, which included the conversion of part of the currency loan into the hryvnia. Such an operation will increase the company's stability to exchange rate fluctuations in the future.

The financial statements were based on international standards and confirmed by the international audit company EY (Ernst & Young).