The Government approved the financial plan of United Mining and Chemical Company JSC

On November 18, 2020, at the meeting, the Cabinet of Ministers of Ukraine approved the Resolution “On Approval of the financial plan of United Mining and Chemical Company JSC on 2020”.

The Resolution approves the financial plan of United Mining and Chemical Company JSC on 2020. According to it, the enterprise receives income and incurs expenses, determines the amount of funds and the direction of their use to perform the functions of the enterprise during the year in accordance with the statutory documents.

The applying of the Resolution by United Mining and Chemical Company JSC will provide income for the state in amount of UAH 344,672,000, including income tax in amount of UAH 104,203,000. The net profit is forecasted in amount of UAH 575,670,000.

Net profit of the company actually received for 9 months amounted to UAH 424,494,000. This amount is more than 4 times higher than the financial result of the last year, which amounted to UAH 100,736,000.