Nova Poshta LLC increased its consolidated net income in the first half of 2024 compared to the same period last year by 22.6%, to UAH 24.45 billion, but its consolidated net profit decreased by 36.9%, to UAH 1.48 billion.

According to the consolidated financial statements published in the disclosure system of the National Securities and Stock Market Commission, the company's gross profit in January-June 2024 increased by 10.1%, to UAH 6.05 billion.

It is noted that the operating profit of Nova Poshta for the reporting period decreased by 9.2%, to UAH 3.17 billion.

It is indicated that investment expenses on non-current assets increased by 20%, to UAH 3.54 billion, and another UAH 70 million was spent on the purchase of a subsidiary. The balance of funds for the first half of the year, although decreased from UAH 6.55 billion to UAH 5.39 billion, was higher than a year earlier (UAH 4.47 billion).

As reported, Nova Poshta increased its standalone net income in the first half of 2024 by 20.1%, to UAH 20.12 billion, and the company's net profit decreased by 38.1%, to UAH 1.49 billion.