PJSC Mykolaivcement, owned by CRH of Ireland, reached a net profit of UAH31.394m (US$1.16m) in 2016, a considerably improved result when compared with the 294.6m loss reported in 2015.

Current liabilities decreased by 33.4 per cent to UAH 212.621m, while long-term liabilities increased by 10.3 per cent to UAH 711.125m.

PJSC Mykolaivcement operates a 1.4Mta plant in Mykolaiv, in Ukraine’s Lviv region.