Nova Poshta sees net profit rise by 2.6% in Q2 2025
The leader of express shipments in Ukraine, Nova Poshta, in the second quarter of 2025 increased its unconsolidated net profit by 2.6% compared to the same period in 2024 - to UAH 905.45 million.
According to the company's reporting on its website and in the information disclosure system of the National Securities and Stock Market Commission of Ukraine, revenue in the second quarter increased by 22.9% - to UAH 12.712 billion.
In general, for the first half of this year, Nova Poshta's net profit decreased by 19.6% - to UAH 1.196 billion, while revenue increased by 22.1% - to UAH 24.571 billion.
It is noted that gross profit for the first half of the year increased by 30.8% - to UAH 5.055 billion, while operating profit - by 45.6%, to UAH 2.444 billion.
The lower net profit is due to the fact that for January-June last year, Nova Poshta received UAH 1.341 billion in other financial income, while for the same period this year - UAH 341.15 million, but at the same time increased the payment of income tax to UAH 227.01 million from UAH 83.43 million.
The report also states that the company decided at the end of May to issue a new four-year issue of series H bonds for UAH 1 billion with a nominal yield of 16% in the first year and UIRD+3 percentage points in the next three years.
As of the middle of this year, Nova Poshta had obligations under three issues of series E, F and G bonds for UAH 995.82 million, respectively, maturing on July 30 this year, UAH 998.45 million maturing on June 1 next year and UAH 999.38 million maturing on May 2, 2027.
The company's bank liabilities as of the middle of this year decreased to UAH 6.389 billion from UAH 6.635 billion a quarter earlier.
The main activity of Nova Poshta is express delivery of documents, parcels and palletized oversized cargo. The company is the leader in express delivery in Ukraine. Its ultimate beneficial owners are Volodymyr Popereshniuk and Viacheslav Klymov.