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Proletarii ends 2008 with loss of UAH 88.5 million

The largest producer of flat glass in the Ukraine, Lysychansk-based Proletarii glass factory (Luhansk region), finished 2008 in the red by UAH 88.518 million, the company said in a statement
In 2008,…

The largest producer of flat glass in the Ukraine, Lysychansk-based Proletarii glass factory (Luhansk region), finished 2008 in the red by UAH 88.518 million, the company said in a statement In 2008, the assets of the Proletarii glass factory were UAH 666.674 million, fixed liabilities UAH 356.314 million and current liabilities UAH 189.275 million. Accounts receivable were UAH 33.261 million in 2008. Proletarii closed joint-stock company finished 2007 with net profit of UAH 36.07 million, having increased net revenue by UAH 74.6 million to UAH 373.23 million compared to 2006. In October 2008, the State Anti-monopoly Committee allowed Carlton Concept Limited company (British Virgin Islands) to buy over 50% of the share capital of Proletarii.

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