The first half of 2014 "Bogdan Motors" losses reached 766.36 million UAH

"Bogdan Motors", combining production assets of the corporation "Bogdan", one of the leading Ukrainian automakers in January-June 2014 got a net loss of $ 766.36 million USD, which is almost 14 times higher than the same period of the first half of the past year. 

According to the company's financial statements, net income from sales during this period decreased by 46.4% - to 300.85 million UAH. 

Recall that in January-June Corporation "Bogdan" cut production by 32.3% - to 2,062 thousand units, including passenger cars - by 27.3%, to 1,999 thousand, commercial - 29% up to 56 units, buses and trolley buses - by 96.8%, to 7 units.