Furshet ends 2008 with net income of UAH 191 ths
18 February 2009
Ukrainian grocery chain Furshet reported yesterday that it finished 2008 with net income of UAH 191 mln (USD 24.8 mln), vs. a UAH 2.0 mln (USD 260 ths) loss in 2007. The company also said its assets totaled UAH 302 mln (USD 39 mln), up 4.5% yoy. Furshet forecasted its retail trade turnover would rise 5-10% yoy in 2009 to USD 1.26-1.32 bln. As of the Dec. 31, 2008, Furshet had 105 supermarkets in Ukraine and four in Moldova; it plans to open 8-10 new stores in 2009.
