REUTERS
The share of Ukrainian enterprises that posted losses in the first quarter of 2017 shrank to 36.1% from 39.7% year-over-year, according to the State Statistics Service of Ukraine.
Large and medium companies, excluding banks, posted UAH 102.615 billion, or US$3.9 billion, in pre-tax profit in Q1 2017 against UAH 58.556 billion, or $2.22 billion, in loss in the same period of 2016, the service said in a quarterly update on its website.
Read alsoNBU says banks lose UAH 196 bln in yearProfitable businesses' financial results in Q1 2017 grew by 61%, to UAH 157.048 billion, almost $6 billion, while loss-makers' performance decreased by 66.7%, to UAH 54.432 billion, or $2 billion, in losses, it said.
The statistical data does not include reports from occupied areas in Crimea, Sevastopol and Donbas.
As UNIAN reported earlier, large and medium companies, excluding banks, posted UAH 75.651 billion in pre-tax profit in 2016 against UAH 236.566 billion in loss in 2015.