In the first half of 2025, SFE “Forests of Ukraine” demonstrated record growth across all key economic indicators!
– Compared to the first half of 2024, revenue from product sales increased from UAH 11.1 billion to UAH 13.2 billion excluding VAT (+19%).
– Projected profit (before tax) increased from UAH 1.8 billion to UAH 3.5 billion (+91%), and profitability rose from 16% to 27%.
– The amount of taxes paid increased from UAH 4.2 billion to UAH 5.9 billion (+40%).
The results are driven by systematic efforts to improve management efficiency.
Thanks to new control tools and de-shadowing efforts, the share of illegal timber has been minimized this year. This has led to increased demand for legal products sold through open exchange auctions.
The enterprise carried out a restructuring of its organizational structure: excess administrative staff was reduced.
Unprofitable processing facilities were shut down, and loss-making assets are being sold through the State Property Fund.
Savings on procurement exceeded UAH 237 million!!
The growth potential is not exhausted. The enterprise continues to work on cost optimization and increasing production efficiency.