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Kyiv's Boryspil airport expects triple net profit rise in Jan-June 2016

Kyiv's Boryspil airport expects triple net profit rise in Jan-June 2016Boryspil International Airport (Kyiv) could see a triple rise in its net profit in January-June 2016 compared to the same period of 2015.

Boryspil 's acting Director Yevhen Dykhne gave this information at a press conference at the airport on Thursday.

"According to the preliminary calculations we expect that we will see a triple rise in profit in H1 2016 compared to H1 2015," he said.

Read also: Ukraine to spend UAH 8.7 bln on airport development program until 2023

Dykhne said that the final results will be announced after July 25.

According to a financial report of the airport for Q1 2015, net profit under Ukrainian accounting standards was UAH 214.47 million. Thus, net profit of the airport in H1 2016 would be almost UAH 650 million.

Earlier Dykhne said that the airport seeks to have UAH 1 billion of net profit in 2016, according to the optimistic scenario.

Read also: Proposal to rename Boryspil airport after Ivan Mazepa gained most votes in poll

Boryspil International Airport is the main airport of Ukraine. The airport has two runways: one with a length of 4,000 meters and a width of 60 meters and the second with a length of 3,500 meters and a width of 63 meters. Four passenger terminals, postal and cargo complexes are located on the territory of the airport.
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