From January to September 2024, Nova Poshta reported a revenue of 30.81 billion UAH, which is a 19.7% increase compared to the same period last year. However, the company's net profit decreased by 49% to 1.65 billion UAH, according to the press release.
The decline in profitability was attributed to several factors. These include increased charitable expenses, higher depreciation costs due to a significant rise in the investment program, as well as increased costs stemming from inflation and overall price growth.