Monomakh sees its net profit fall 3.4-fold in H1 2026, while revenue grows 21.9%
Tea and coffee producer PJSC Monomakh (Kyiv region) increased its revenue by 21.9% in January-June 2026, reaching UAH 1,511.04 million, but saw its net profit fall 3.4-fold, to UAH 24.43 million.
PJSC Monomakh, a tea and coffee producer based in the Kyiv region, experienced a significant decline in net profit during the first half of 2026, falling to UAH 24.43 million, while revenue increased by 21.9% to UAH 1,511.04 million. The company's gross profit rose by 29.2% to UAH 484.7 million, but operating profit decreased by 41.6% to UAH 84.4 million.
Monomakh's assets decreased by 6% to UAH 1.8 million, shareholders' equity fell by 5.7% to UAH 609.9 million, and total liabilities increased by 6.1% to UAH 1.2 million. Despite the revenue growth, net profit fell dramatically, down 3.4 times year-over-year. In the second quarter alone, revenue rose 18.0% to UAH 685.4 million, but net profit decreased 2.8 times to UAH 9.5 million.
The company produced and sold 1,390 tonnes of products, with export revenue accounting for 11% of total sales. Monomakh PJSC was established in 2000 and manufactures packaged tea and coffee products under various well-known brands. The company currently employs 567 people, with the ultimate beneficial owner being Taras Barabash.
In 2025, Monomakh's revenue grew by 22% to UAH 2.8 billion, but net profit fell by 40% to UAH 181.8 million.
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