Agricultural enterprises ranked as the most unprofitable sector in Ukraine during the first quarter.

In Q1 2025, large and medium-sized businesses reported a total financial outcome of ₴241.2B, ₴12.4B or 4.9% lower than the previous year’s figure of ₴253.6B for the same period. Approximately 38% of the total positive financial outcome was driven by industrial enterprises, contributing ₴91.5B, while the financial and banking sector added another 30.2% with ₴72.9B. Enterprises reporting a positive result in Q1 generated a total profit of ₴304.6B, a decrease of 4.7%.

Conversely, the total losses for those with negative results reached ₴63.4B, which is 96.1% of last year’s amount. From January to March, the proportion of unprofitable enterprises in the economy was 26.8%.

The agriculture sector faced the most severe challenges, with 56.3% of enterprises becoming unprofitable, up from 38.2% last year. A notable decline was also observed in healthcare, where the unprofitable share rose from 29.8% to 49.7%. The transport, warehousing, and postal activities sector also struggled, with 42.9% of enterprises unprofitable, an increase from 38.6% last year.

On a brighter note, the hotel and restaurant sector saw significant improvement, with unprofitability decreasing from 64.1% to 29.7%.