Port News & Information Mediterranean, Black & Caspian Seas

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

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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…

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