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02.10.2019

The JSC ‘Ukrainian Railways’ publishes its Interim Condensed Consolidated Financial Statements for 6 months of 2019

The JSC ‘Ukrainian Railways’ publishes its Interim Condensed Consolidated Financial Statements for 6 months of 2019 on the Company’s official website and will hold a conference call with international investors.

The Interim Condensed Consolidated Financial Statements for 6 months of 2019 together with the report prepared by the audit company Ernst & Young have been published on the Company’s official website.

Revenues of the JSC ‘Ukrainian Railways’ was UAH 44.2 bn that is 11% more in comparison with the first half-year of the last year. The largest share (92%) in revenues composition gained from products sale has freight and passenger transportation revenues amounting to UAH 40.5 bn.

The Company’s profit is UAH 1.1 bn in the first half of 2019 that increased by more than twice in comparison with the same period in 2018. EBITDA amounted to UAH 7.5 bn which is increased by 6% in comparison with the first half of 2018.

The JSC ‘Ukrainian Railways’ will hold a conference call with the participation of Dragon Capital in order to present the performance results of the first half of 2019 and openly discuss them with existing and potential investors of the Company, as well as with other participants of the financial market on 3 October at 17:00 Kyiv time. This event is implemented within the framework of partnership dialog with investors, evidence of the Company’s transparency and an opportunity for objective assessment and discussion of the Company’s development prospects.

Contact details: Yuriy Gavrilyuk – JSC ‘Ukrainian Railways’ (Gavrilyuk@uz.gov.ua), Andriy Bespyatov – Dragon Capital (Bespyatov@dragon-capital.com).