Ukrainian Graphite (Ukrgraphit, Zaporizhzhya) ended January-September this year with a net loss of UAH 118.074 million, while in the same period last year it posted a net profit of UAH 128.230 million.
According to the company’s interim report, net income for the period decreased by 18.4% to UAH 1 billion 79.194 million.
The company’s retained earnings as of the end of September amounted to UAH 3 billion 755.517 million.
As reported, in 2023, Ukrgraphite increased its net profit by 2.34 times compared to 2022 to UAH 122.941 million, and net income by 1.2% to UAH 1 billion 564.656 million.
“Ukrgraphite is Ukraine’s leading producer of graphitized electrodes for electric steel-making, ore-thermal and other types of electric furnaces, commercial carbon masses for Soderberg electrodes, and carbon-based lining materials for metallurgical, machine-building, chemical and other industries.
According to the National Depository of Ukraine (NDU) as of the second quarter of 2024, Intergraphite Holdings Company Limited (Bermuda) owns 23.9841% of the company, and C6 Safe Group Limited (Cyprus) owns 72.0394%.
The authorized capital of the company is UAH 233.959 million, with a par value of UAH 3.35 per share.
