PJSC Kyiv Plant Radar in January - June 2015 saw a net loss of Hr 4.72 million, while in the same period of 2014 the company posted a net profit of Hr 140,000.
According to a company report in the information disclosure system of the National Commission on Securities and the Stock Market, its net income in the first half of 2015 increased by 41.8 percent, to Hr 25.64 million. Gross profit increased by 2.2 times, to Hr 8.77 million, operating loss amounted to Hr 5.75 million, while during the same period last year the company posted an operating profit of Hr 10,000.
In January-March 2015, Radar saw a net loss of Hr 240,000, while in the same period of 2014 the company made a net profit of Hr 1.31 million, however its net income in the first quarter decreased by 55.8 percent, to Hr 5.92 million.
Kyiv Plant Radar is a basic enterprise in Ukraine’s aviation industry which focuses on the production of airborne radar systems, navigation complexes, and special purpose equipment. It is a monopolist in the production of radar stations including the Hroza, Buran, and 9B-1101K models.
