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Ukrainian Ports See Reduced Profit In Q1 2019, But Higher Investment

Ukrainian ports see reduced profit in Q1 2019, but higher investment

Ukrainian Ports See Reduced Profit In Q1 2019, But Higher InvestmentSource: Ukrainian Sea Ports Authority

Odessa, Ukraine (PortSEurope) May 17, 2019 – The Ukrainian Sea Ports Authority (USPA), the state agency which manages the country’s ports, has reported net profit of UAH 605.811 million, down 14.4% on the same period of 2018 (UAH 707.994 million). The decrease in profits is due to an increase in operating costs, in particular for operating dredging, which was carried…

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