UKRAINE
Kiev-based Imperial Tobacco Production Ukraine’s net loss fell by 77.3% in 2017 from 2016 to UAH99.42 million.
In its annual report, the company’s net revenue from sales rose by 31.7%, to UAH2.7 billion. In 2017, the company posted UAH123.7 million in operating profit against UAH16.8 million in operating losses in 2016. Its gross profit almost doubled to UAH563.5 million. In 2017 the company sold 14.431 billion cigarettes, which was not a significant change from 2016.