Ukrposhta cuts loss 2.1 times to UAH 190.3 million, ups revenues by 10.1% to UAH 3.1 billion in Q1, 2024

In January-March, compared to the same period last year, the Ukrposhta joint-stock company reduced its loss by 2.1 times, or by UAH 213.5 million, to UAH 190.277 million.

This is stated in the message of Ukrposhta, the Ukrainian News agency reports.

The net revenues of Ukrposhta in the 1st quarter increased by 10.1%, or by UAH 280.4 million, to UAH 3.06 billion compared to the same period last year.

As the Ukrainian News agency earlier reported, in 2023, compared to 2022, Ukrposhta reduced its loss by 37% to UAH 796 million, increasing its revenues by 12% to UAH 11.6 billion.

JSC Ukrposhta is the national postal operator of Ukraine.

The founder and shareholder of Ukrposhta is the state represented by the Ministry of Infrastructure.