{
  "id": 1979555,
  "title": "Monomakh sees its net profit fall 3.4-fold in H1 2026, while revenue grows 21.9%",
  "url": "https://urgent.news/2026/08/19/monomakh-sees-its-net-profit-fall-3-4-fold-in-h1-2026-while-revenue",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-19T17:30:32.000Z",
  "source": {
    "name": "Interfax-Ukraine",
    "slug": "interfax-ukraine",
    "url": "https://en.interfax.com.ua/news/economic/1194444.html"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "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.",
  "key_points": [
    "Monomakh's net profit fell 3.4 times in H1 2026",
    "Revenue increased 21.9% to UAH 1,511.04 million",
    "Export revenue accounted for 11% of total sales"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}