You're reading: Ukrainian companies see financial result fall by 33% in Q1, 2012

Ukrainian companies in January-March 2012 saw a pretax financial result from ordinary activities of UAH 8.503 billion, which is 32.8% down compared to 2011, the State Statistics Service has said.

According to the service, in January-March 2012 some 55.4% of the enterprises in Ukraine made a profit, earning UAH 49.489 billion, which is 6.4% up on the same period of 2011.

At the same time, 44.6% of the enterprises saw losses. Their losses in the first quarter of 2012 grew by 21.1% compared to 2011, to UAH 40.986 billion.

Companies’ profit and losses on types of economic activity in January-March 2012:

Pretax financial result from activities in Jan-March 2012, million UAHCompanies with profit, million UAHCompanies with profit, % to Jan-March 2011Companies with losses, million UAHCompanies with losses, % to Jan-March 2011Number of companies with loss in Jan-March 2012, %Number of companies with loss in Jan-March 2011, %
Total ¹8,503.249,488.8106.440,985.6121.144.646.9
including
Agriculture, hunting and forestry10.573.793.563.2159.99.513.8
Industry:–1,415.520,874.084.222,289.5159.349.149.0
Construction–922.2692.0123.81,614.2114.752.258.7
Trade; car, household appliances and consumer goods servicing2,373.88,341.5119.85,967.775.338.241.4
Car and motorcycle trade and servicing–533.8682.0110.51,215.8134.352.257.1
Wholesale trade and intermediary services3,279.36,837.6122.53,558.359.335.839.9
Retail trade; household appliances and consumer goods servicing–371.7821.9108.21,193.6116.638.636.9
Hotel and restaurant activities–219.780.6102.9300.3102.451.750.0
Transport and communications3,818.36,051.0120.82,232.786.750.251.0
Financial activities10,199.311,098.7179.7899.434.422.529.7
Real estate transactions, leasing, engineering, services to businessmen–4,073.42,003.277.86,076.6157.042.645.2
Education9.727.074.817.349.634.132.6
Health case and social aid–140.926.741.5167.6105.659.648.6
Municipal and personal services, culture and sports–1,129.1216.1131.81,345.2145.059.055.5

¹ data does not include small companies

©Source: State Statistics Service

Industrial companies’ profit and losses on types of economic activity in January-March 2012:

Pretax financial result from activities in Jan-March 2012, million UAHCompanies with profit, million UAHCompanies with profit, % to Jan-March 2011Companies with losses, million UAHCompanies with losses, % to Jan-March 2011Number of companies with loss in Jan-March 2012, %Number of companies with loss in Jan-March 2011, %
Industry1–1,415.520,874.084.222,289.5159.349.149.0
Mining5,769.07,727.374.41,958.397.563.061.4
Fuel and energy minerals extraction1,294.82,932.8184.51,638.0101.662.757.6
Minerals extraction apart from fuel and energy minerals4,474.24,794.554.5320.380.863.363.9
Processing industry–7,065.38,466.684.615,531.9163.046.246.8
Including
Food, beverage and tobacco industry708.32,474.5105.71,766.2109.445.047.7
Light industry–33.1109.6109.4142.7107.946.942.4
Textile, clothes and fur industry–22.987.0118.4109.9114.550.244.2
Leather production–10.222.684.832.890.534.935.5
Timber processing apart from furniture industry–127.230.883.9158.062.740.442.9
Pulp and paper industry, publishing activities1.3257.760.0256.472.241.744.4
Coke and fuel production–1,412.110.30.91,422.41014.864.735.4
Chemical and oil-fuel chemical industry–2,787.8525.258.33,313.0455.044.144.3
Chemical industry–2,738.7422.852.43,161.5629.041.439.9
Rubber and plastic industry–49.1102.4109.3151.567.247.047.9
Other mineral industry–922.1190.458.31,112.5103.362.161.9
Steel industry–5,161.8850.345.86,012.1158.650.448.7
Engineering2,596.03,872.4140.11,276.494.042.845.9
Machinery and equipment production253.4643.188.5389.766.844.647.4
Electric and optical equipment industry179.6477.4127.2297.868.839.845.5
Vehicle and transport equipment industry2,163.02,751.9165.5588.9172.643.342.6
Electricity, gas and water production and distribution–119.24,680.1106.84,799.3195.564.864.4

¹ data does not include small companies