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11.05.2023

According to the results of the audit for 2022, UST Inc. has reached self-sufficiency

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Unitsky String Technologies Inc. underwent an annual audit of the financial statements in accordance with the requirements of the Law of the Republic of Belarus «On Auditing Activities» and national rules on auditing activities. According to «FinExpertiza-Bel Audit LLC», UST Inc. has reached self-sufficiency — for the first time since its founding. In addition, the company has significantly increased the size of its assets in 2022.

In the auditor's opinion, the financial statements present fairly, in all material respects, the financial position of the company as of 31 December 2022, its financial performance and changes in its financial position, including cash flows for the year then ended in accordance with Belarusian legislation.

According to the results of financial and economic activities, UST Inc. made a profit in 2022, which allowed the company to achieve self-sufficiency. The main business activity of the engineering company during the reporting period — the provision of design services for uST transport and infrastructure complexes.

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