Ukrgrafit increased its loss by 81%

In January-March of this year, PJSC Ukrainian Graphite (Ukrgraffit, Zaporizhia) increased its net loss by 80.6% compared to the same period last year to UAH 65.870 million from UAH 36.466 million.

According to the company's interim report, net profit for this period decreased by 1.6% to UAH 296.640 million.

The company's retained earnings at the end of March amounted to UAH 3 billion 599.831 million.

Ukrgraffit completed 2024 with a net loss of UAH 202.447 million, while in 2023 it increased its net profit by 2.34 times compared to 2022 to UAH 122.920 million.

Ukrgraffit is a leading manufacturer in Ukraine of graphite electrodes for electrical, ore-thermal and other types of electric furnaces, commercial carbon weights for Soderberg electrodes, carbon-based lining materials for metallurgical enterprises.,