Ukraine: Trubostal switches to losses in 2018

In 2018 Trubostal received 687 thousand UAH of net losses as opposed to 14.806 million UAH of net profit in 2017. The undistributed profit totaled 21.419 million UAH. The company current liabilities dropped by 4.2%, to 198.088 million UAH, while the long-term liabilities remained unchanged at 9 million UAH. Accounts receivable fell by 15.2%, to…