Ukraine: PrJSC Mykolaivcement recorded a 1.9-fold rise in net profit to US$10.9m between January and September 2025 compared to the same period in 2024. Income from ordinary activities grew by 34% year-on-year to US$45.6m, while gross profit rose by 48% to US$17m. Retained earnings fell by 81% to US$2.6m. In the third quarter of 2025, the company produced 204,500t of cement worth US$12.5m and sold 210,700t for US$20m.
Mykolaivcement said its operations were affected by martial law, exchange rate fluctuations and reduced construction activity due to the political and economic situation in the country. The company cited labour shortages, slow economic recovery and geopolitical instability as continuing challenges.
