Business news from Ukraine

“Stalkanat” reduced profit by more than quarter

29 July , 2023  

PJSC “Production Association “Stalkanat” (Odessa) following the results of work in the first half of the current year reduced net profit by 28.7% compared to the same period last year – up to UAH 164.360 mln.

According to the company’s interim report, net income for this period decreased by 6.9% to UAH 1 billion 574.849 million.

Retained earnings at the end of June 2023 amounted to UAH 340.116 million.

As reported, “Stalkanat” in January-March this year increased net profit by 2.2 times compared to the same period last year – to UAH 77.304 million, reducing net income by 3.2% – to UAH 701.047 million.

“Stalkanat” in 2022 received a net profit of 325.073 million UAH, while 2021 ended with a net loss of 309 thousand UAH. Net income in 2022 amounted to UAH 3 billion 227.799 million, while in 2021 it was not, as the company at that time was in the process of creation due to the spin-off from PJSC “Stalkanat-Silur”.

The average number of employees of the enterprise for 2022 – 916 people, for 2021 – 16 people.

General meeting of shareholders held on September 3, 2021 decided to separate from PJSC PO “Stalkanat-Silur” and create a new company – PJSC “Stalkanat” with the transfer of part of property, rights and obligations to it according to the approved distribution balance sheet. The assets of PJSC “Stalkanat” were based on the distribution balance sheet and the acceptance act dated December 31, 2021.

The Company was incorporated on December 6, 2021.

PJSC PO Stalkanat-Silur (Odessa) previously had two branches – in Odessa and in Khartsyzsk, Donetsk region at NKT. On December 1, 2016, the management of the company officially notified about the shutdown of the company’s branch in Khartsyzsk – the relevant announcement was published in the newspaper “Uryadovyi Kurier”. Later, the management of PJSC PO Stalkanat-Silur announced the seizure of the company’s branch in Khartsyzsk at NKT, sent a corresponding statement to the National Police.

According to the company’s data as of the end of 2022, David Nemirovsky (Ukraine) holds 50.0001% of shares of PJSC “Stalkanat”, Anton Mikhalenko – 23.7%, Edery Liron (both – Israel) – 23.1%, Vitaliy Dubovich (Ukraine) – 3.1999%.

The authorized capital of PJSC “Stalkanat” is UAH 17.736 mln, nominal value of one share is UAH 0.17.

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