Ukraine’s space industry has increased its net loss by 23 times since the beginning of the year

News

Ukraine’s space industry has increased its net loss by 23 times since the beginning of the year

25.11.2020 News

Enterprises and institutions of the space industry of Ukraine increased the net loss to 1.038 billion hryvnias from January to September 2020. This is 23 times more than in the first nine months of last year. In 2019, for the same period, the net loss amounted to 44.3 million hryvnias, according to the press service of the State Space Agency of Ukraine.

“For nine months of 2020, the volume of commodity production (goods, works, services) of enterprises of the space industry of Ukraine amounted to 1 billion 665.2 million UAH, which is 54.7% compared to the same period last year. Gross production products (goods, works, services) at comparable prices amounted to 2 billion 165.5 million UAH, or 74.3% of the corresponding period of 2019, “- said in a statement.

Since the beginning of the year, products worth UAH 1 billion 640.9 million have been sold, which is 53.2% of sales for the same period last year.

Products worth UAH 843.1 million were exported (34.7% of the volume for the corresponding period of 2019), imports amounted to UAH 173.8 million (125% more than in the same period last year).
Receivables of enterprises in the industry increased by 0.9%, i.e it amounts to UAH 4.012 billion.

Accounts payable for the reporting period increased by 4.7% (approximately UAH 1 billion) and as of June 30 amounted to UAH 21 billion 888.1 million.

The arrears of payments to the budget as of September 30 amount to UAH 197.4 million. Compared to January 1, 2020, the debt to the budget (arrears) has quadrupled.

Depreciation of fixed assets at the enterprises of the branch as of September 30 is 93%.

For nine months of 2020, the average number of employees of all enterprises in the industry was 13,896 people (economically active enterprises – 13,864 people). Compared to last year, it decreased by 1,646 people (or 10.6%).

The average monthly salary of full-time employees in the industry for the nine months of this year is 8,695.4 hryvnias. Salary decreased by 6.4% compared to the same period last year.

Wage arrears could not be eliminated. As of June 30, it amounted to UAH 156.262 million, having increased by 42.4% compared to the same period last year.

Other articles

  • Nissan Motor suffered a loss of $ 3.1 billion
    News

    Nissan Motor suffered a loss of $ 3.1 billion

    The net loss of the Japanese automaker Nissan Motor in the first half of 2020-2021 fiscal year amounted to 330 billion yen ($ 3.1 billion) against a profit of 65.4 billion yen (about $ 620 million) a year earlier, follows from the financial statements of the company. The loss per share was 84.33 yen ($ […]

  • The net loss of the world’s largest cinema network increased 16.5 times in the third quarter
    News

    The net loss of the world’s largest cinema network increased 16.5 times in the third quarter

    AMC Entertainment Holdings, which owns the world’s largest network of cinemas, presented its financial report for the third quarter of 2020. His company ended with a net loss of $ 906.5 million – 16.5 times worse than last year. In the third quarter, the company’s cinemas began to reopen after a five-month of lockdown due […]

  • BP’s net loss for the nine months was $ 21.7 billion
    News

    BP’s net loss for the nine months was $ 21.7 billion

    According to the company’s reports, the net loss of the British oil and gas giant BP Plc., which belongs to shareholders, for the nine months of 2020 amounted to $ 21.663 billion against profit a year ago. In terms of shares, the diluted loss of BP amounted to $ 1.07 against a profit of $ […]

Read also

Ukraine’s space industry has increased its net loss by 23 times since the beginning of the year
News

Alibaba’s Ant plans Hong Kong IPO, targets valuation over $200 billion

Fintech company Ant Group, a division of the Chinese Internet company Alibaba, plans to hold an initial public offering (IPO) on the Hong Kong Stock Exchange this year. This could become one of the largest IPOs in the world in 2020, according to Reuters citing sources aware of the situation. According to one of the […]

Next
Ukraine’s space industry has increased its net loss by 23 times since the beginning of the year
News

The international manufacturer of raw materials for confectionary industry built a plant in Ukraine

The international manufacturer of goods  and raw materials in the bakery, patisserie and chocolate sectors Puratos built a plant in Odessa region. “Puratos will launch its own production of ingredients for the baking and confectionery industry in the Odessa region “, – said in the statement. The business of the company focused on meeting the […]

Next
Ukraine’s space industry has increased its net loss by 23 times since the beginning of the year
News

The major producer of pork has attracted € 8 million from the Danish investment fund

The “Galychyna Zahid” company concluded an agreement with the Danish IFU investment fund of attracting € 8 million to increase the production capacity. Previously, the company announced the suspension of the implementation of the project for the pig farm construction. The corresponding agreement was signed by the General Director of the Danish fund – Morten […]

Next
Ukraine’s space industry has increased its net loss by 23 times since the beginning of the year
News

Harley-Davidson To Cut 13% Of Employees Worldwide

Harley-Davidson Inc., the largest motorcycle manufacturer in the United States, has announced its plans to cut about 700 jobs worldwide as part of a global business reorganization caused by the economic crisis due to the coronavirus pandemic. According to the company press release, the restructuring plan expected to reduce its global staff by about 13% […]

Next
Ukraine’s space industry has increased its net loss by 23 times since the beginning of the year
News

Elon Musk decided to sell four houses

According to Business Insider, SpaceX founder and Tesla CEO Elon Musk is selling four homes in Los Angeles for $62.5 million. It is already known that these houses will be sold to the LLC developer owned by businessman Ardi Tavangarian. “Arya Chalon LLC will combine the real estate portfolio into a new single project to […]

Next
Ukraine’s space industry has increased its net loss by 23 times since the beginning of the year
News

Lufthansa suffered a quarterly loss of almost 2 billion euros

Deutsche Lufthansa reported that it suffered a loss of 1.97 billion euros in the third quarter of 2020 against a net profit of 1.15 billion euros a year earlier. The carrier’s revenue fell by 74% to 2.66 billion euros from 10.11 billion euros a year earlier. Adjusted loss before tax and interest payments (EBIT) was […]

Next
Ukraine’s space industry has increased its net loss by 23 times since the beginning of the year
News

A large pharmaceutical company Shire is buying its rival Baxalta for $ 32 billion

According to news agency Bloomberg, citing informed sources, a large Irish pharmaceutical company Shire is buying its rival company Baxalta Inc. This will create a new global biotech giants. The acquisition price is approximately $ 32 billion by shares and cash, not including the payment of debts. Precise details of the purchase are not currently […]

Next
Ukraine’s space industry has increased its net loss by 23 times since the beginning of the year
News

Business results of the week from the LDaily

Re-arrest of Gulliver, the appointment to the post of Privatbank a foreign financier and the return of the tax police: events that you need to know. LDaily: only what is really worth your attention.  Gulliver: “… there is no base for court decision on the arrest of the property “ Ukrainian media notified again about […]

Next
Ukraine’s space industry has increased its net loss by 23 times since the beginning of the year
News

Ministry of Health: medication from COVID-19 are already being transported to Ukraine

Chief State Sanitary Doctor, Viktor Liashko, said that the drug “Remdesivir”, which was planned to treat patients from the coronavirus, have already been purchased, and the party is taken to Ukraine. He said the news in the interview with Radio Svoboda on Sunday, October 18. “And now it is being transported to the territory of […]

Next
Ukraine’s space industry has increased its net loss by 23 times since the beginning of the year
News

SFS fined Philip Morris for 4.1 billion UAH

The State Fiscal Service of Ukraine imposed a fine on Philip Morris Ukraine. In turn, the tobacco company believes that the claims of the Department of tax and customs audit of the SFS for 4.1 billion. UAH are unfounded. “Now the fine is not yet accrued officially. The verification was completed on May 10 and […]

Next
Ukraine’s space industry has increased its net loss by 23 times since the beginning of the year
News

Today passes “The Tiger Conference” in “Hilton” hotel

Today, December 2, 2015, in the capital «Hilton» hotel passes the fourth international “The Tiger Conference”, which is devoted to energy issues, the new economy, leadership, and the rule of law. The conference was attended by over 300 of heads of domestic and foreign companies as well as government leaders and public figures. Representatives of […]

Next
Ukraine’s space industry has increased its net loss by 23 times since the beginning of the year
News

How has the legislation of Ukraine changed during the year?

For the year 2016, much has changed in Ukraine’s legal system as well. By the representatives of the Ukrainian government was done an extensive work in the field of reform of the current legislation. December, 30 is the perfect time to take stock of this work. We decided to focus on the innovations that are […]

Next
Ukraine’s space industry has increased its net loss by 23 times since the beginning of the year
News

Wizz Air has canceled about 20 routes from Ukraine till March 2021

Hungarian airline Wizz Air reduces the number of flights from Ukraine in the winter flight schedule. This was reported by lowcostavia. Dozens of flights from Ukraine were reduced – 12 routes are canceled by March 2021, even more destinations are temporarily suspended until the end of October. Flights from all cities of Ukraine have changed. […]

Next
Ukraine’s space industry has increased its net loss by 23 times since the beginning of the year
News

Insurance Group TAS, which was owned Tihipko sold to a Cyprus company

The National Committee of state regulation of the financial services allowed the Cypriot company Bailican Ltd. establish control over the Insurance Company “TAS” and Insurance Group “TAS”. The National Committee of state regulation of the financial services, July 12, according to the order number 1667, allowed to a Cypriot company Bailican Ltd. indirectly acquire 99.9559% […]

Next
Ukraine’s space industry has increased its net loss by 23 times since the beginning of the year
News

The Ministry of Agrarian Policy and Food of Ukraine required to stop the production of wines by the nameless company under the trade mark “Massandra”

The “Global Kamianka Vine” company ceased the production of wines under the TM “Massandra” according to the request of the Ministry of Agrarian Policy and Food of Ukraine. This is stated in the message of the Ministry of Agrarian Policy and Food of Ukraine. Before holding a competitive tender for procurement of rights for using […]

Next
Ukraine’s space industry has increased its net loss by 23 times since the beginning of the year
News

The G7 called on Ukraine to act quickly due to the crisis in the CCU

The ambassadors of the G7 countries stressed the importance of swift action to resolve the situation in the Constitutional Court of Ukraine. In particular, they assessed Ukraine’s actions in this direction. They said this during a meeting with Verkhovna Rada Chairman Dmytro Razumkov. The G7 ambassadors said that swift action was needed to resolve the […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com