Ukraine: Novovolynsk Foundry down to losses in 2020
In 2020, Novovolynsk Foundry received a net loss of 18.539 million UAH, as opposed to a net profit of 35.877 million UAH in 2019. Undistributed profit amounted to 163.168 million UAH. The company current liabilities decreased by 30.7%, to 8.448 million UAH, while it had no fixed liabilities. Accounts receivable dropped by 16.5%, to 22.192…