Baltsem Company, one of three largest Ukrainian cement producers, ended 2008 with a net profit of UAH278m, reported Ukrainian News.
Assets of the company by late 2008 totaled UAH971.459m, long-term liabilities UAH2.314m and current liabilities UAH 132.641m.
Baltsem ended 2007 with a profit of UAH354.8m.
The company is part of the Eurocement Group Ukraine (Kyiv), which is a subsidiary of the Eurocement Group international industrial holding company (Moscow). Published under Cement News