DYCKERHOFF CEMENT UKRAINE POSTS 8-FOLD RISE IN NET LOSS IN 2015

(Interfax-Ukraine) - PJSC Dyckerhoff Cement Ukraine (Kyiv) in 2015, under International Financial Reporting Standards (IFRS), saw net losses rise by UAH 1.3 million, or 7.9 times, compared to 2014, to UAH 1.482 million.
According to a company report in the information disclosure system of the National Commission on Securities and the Stock Market, its net income by early 2016 amounted to UAH 9.296 million.
Gross loss in 2015 amounted to UAH 395,000 against UAH 747,000 in gross profit in 2014.
At the same time, the company's uncovered loss in 2015 decreased by 13 times compared to the previous year, to UAH 123,000.
As reported, Dyckerhoff GmbH, part of Dyckerhoff AG (both based in Wiesbaden, Germany) of Italian group Buzzi Unicem, on June 2, 2015 became the owner of 94.511% or 87,434 shares in PJSC Dyckerhoff Cement Ukraine (Kyiv) being also part of the group.