The shareholders of PrJSC “Production Association ‘Stalkanat’ (Odesa) intend to allocate UAH 60 million 511,837 thousand for dividends at the rate of UAH 0.58 per share from the profit for 2024, and leave the rest as retained earnings.
This issue is included in the agenda of the general meeting of shareholders scheduled for March 10 this year in remote mode.
However, no profit figures for 2024 are provided.
The shareholders plan to review the CEO’s report for 2024 and determine the main areas of activity in 2025. They will also consider the report of the Supervisory Board for the previous year, the conclusions of the audit report of the auditor, and approve measures based on the results of the report review.
It is also planned to approve the results of financial and economic activities for 2024, make a decision on the distribution of profits for the past year, and approve the annual report.
As reported, in 2023, Stalkanat reduced its net profit by 13.8% year-on-year to UAH 280.060 million from UAH 325.073 million. Retained earnings at the end of the year amounted to UAH 373.626 million.
“Stalkanat is one of the largest producers of steel ropes and reinforcing strands in Eastern Europe and a leader in the production of hardware products in Ukraine.
According to the third quarter of 2024, David Nemyrovsky holds a 50% stake, Anton Mikhalenko – 23.7%, and Maria Kondratyuk – 23.1%. Earlier, the company reported that an individual, Vitaliy Dubovich, owned 3.199998% of its shares.
The authorized capital of Stalkanat currently amounts to UAH 17.736 million, with a share price of UAH 0.17.
