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UkSATSE cuts net loss by 71% in H1 2021
KYIV. Sept 27 (Interfax-Ukraine) – The State Air Traffic Service Enterprise (UkSATSE) ended the first half of 2021 with a net loss of UAH 260.5 million, which is 70.6% less than in the same period last year (UAH 881.8 million).
According to the company’s financial statements, published on its website, in January-June 2021, gross profit amounted to UAH 20.1 million versus UAH 497.2 million of gross loss in the first six months of 2020.
Net income from the sale of services over the past year grew 1.6 times, to UAH 1.022 billion.
As reported, UkSATSE ended 2020 with a net loss of UAH 1.489 billion, which is 32.5% more than in 2019 (UAH 1.123 billion).
UkSATSE was founded in 1992. It provides a full range of air navigation services: air traffic services, air traffic flow management, airspace arrangement and management, radio communications, navigation and surveillance, provision of meteorological and aeronautical information for all types of flights.
