Ukrposhta increased its income by UAH 1.3 billion in 2023


The national postal operator of Ukraine reported an increase in net income by UAH 1.3 billion in 2023. Last year, the company received UAH 11.6 billion in revenue, which is more than 12% more than in 2022 (UAH 10.3 billion). This is reported in the company's financial statements, confirmed by an independent international auditor.

Revenue from national postal services increased by 18% compared to the same period in 2022 and amounted to UAH 6.5 billion. In particular, for the delivery of parcels and small packages - by 34%, for international postal exchange services - by 61%.

Among the significant factors that had a negative impact on the company's financial performance were delays in approving the regulated tariffs and fulfilling of free-of-charge obligations to support government social initiatives.

Despite military aggression, destruction, power outages and difficult economic conditions, in 2023 the company not only ensured uninterrupted operations but also increased the provision of key services and, accordingly, improved its financial result and prepared for future wartime challenges. Compared to 2022, the company's net loss decreased by almost 37% to UAH 796 million.

Also in 2023, Ukrposhta continued to implement strategic investment projects, such as upgrading its logistics infrastructure, automating the network and strengthening its resilience to energy and communication disruptions, modernizing its vehicle fleet and renewing critical IT systems.

“I am grateful to the team for their resilience and consistent work aimed at results,” said Igor Smelyansky, CEO of the company. - “Despite the current challenges, Ukrposhta increased its net income, improved its key operating indicators, fulfilled all financial obligations and paid almost UAH 3 billion in taxes to the Ukrainian budget. Moreover, we did not stop in our development and continued to run key investment programs, improve the quality of services and products, working conditions for our employees and implement numerous social initiatives to support the state.”