In the first quarter United Mining and Chemical Company received 177.3 million UAH of pre-tax profits, with net income exceeding 400 million UAH. Net profits reached 144 million UAH, with EBITDA at 168.9 million UAH.
In the first quarter of 2015 the company net income totaled 215 million UAH, with net profits at 44.9 million UAH and EBITDA on the level of 65.7 million UAH.
Even though the company demonstrates positive dynamics, it is still far from potentially possible output and sales volumes. UMCC still stocks some 413 million UAH worth of unsold goods.
In Q1 the company paid 64 million UAH of taxes (47.9 million in Q1 2015).
The net income of UMCC in 2015 reached 1.9 billion UAH, with net profits on the level of 773 million UAH. The company paid 650 million UAH to the state budget. (Ukrainian metal)