Despite the current challenges, Ukrposhta increased net income, improved key operating indicators, fulfilled all financial obligations and paid almost UAH 3 billion in taxes to the budget of Ukraine.
Ukrposhta reported an increase in net income by UAH 1.3 billion in 2023. The company's press service reports this.
It is reported that in 2023, the national postal operator of Ukraine received UAH 11.6 billion in income, which is more than 12% more than in 2022 (UAH 10.3 billion).
It is noted that income from national postal services increased by 18% compared to 2022 and reached UAH 6.5 billion, including for the delivery of parcels and small packages – by 34%, international postal exchange services – by 61%.
Among the significant factors that had a negative impact on the company’s financial performance, Ukrposhta named delays in the approval of regulated tariffs and the fulfillment of free obligations to support government social initiatives.
“Despite military aggression, destruction, power outages, and difficult economic conditions in 2023, the company not only ensured uninterrupted operations, but also increased the volume of key services provided and, accordingly, improved financial results, and prepared for future wartime challenges. Compared to 2022, the company’s net loss decreased by almost 37% and amounts to UAH 796 million,” the statement says.
It is also reported that in 2023, Ukrposhta continued to implement strategic investment projects, such as updating the logistics infrastructure, automating the network and strengthening its resilience to energy and communication outages, modernizing the vehicle fleet and replacing critical IT systems, the company added.
“Despite the current challenges, Ukrposhta increased net income, improved key operating indicators, fulfilled all financial obligations and paid almost UAH 3 billion in taxes to the budget of Ukraine,” said the company’s general director Igor Smelyansky.