In 2024, PJSC Ichnyansky Milk and Cannery (ICCK, Chernihiv region) received UAH 77.23 million in net loss against UAH 57.67 million in net profit.
According to the agenda of the annual general meeting of shareholders scheduled for April 25 in remote mode, the shareholders are proposed to approve the results of financial and economic activities, and not to accrue dividends based on the results of work in 2024 due to the lack of net profit.
The shareholders will be asked to hear and approve the report of the company’s supervisory board and the external auditor of Creston Ukraine LLC, and re-elect the supervisory board. They will also review the provisions of the charter on the supervisory board. The chairman of the company’s management board will be obliged to re-register the information in the Unified State Register of Legal Entities, Individuals and Public Organizations.
In addition, the general meeting will decide to increase the amount of contribution of Provian LLC to the authorized capital of the company to UAH 59,521.00 and to decrease the amount of contribution of individual shareholders to the authorized capital of the company to UAH 1,473.00. The Chairman of the Management Board will be obliged to formalize the relevant changes in accordance with the procedure established by law.
Finally, the shareholders will approve the budget of PJSC IMCC for 2025.
According to the Opendatabot service, in 2024 PJSC IMCC increased its revenue by 2.9% to UAH 842.86 million, debt obligations by 10.8% to UAH 528.68 million, and assets by 14.2% to UAH 535.55 million.
“Ichnyansky Dairy Processing Plant is part of Proviant Group, which is a distributor and exporter of condensed milk produced by the plant. Proviant LLC is a member of the group of the same name along with other companies engaged in the production and sale of dairy products.
According to the information in the NSSMC disclosure system, the shareholders with large stakes in IMCC are Proviant LLC, which owns 53.7% of the shares, and Hyperion Invest Closed Non-Diversified Venture Corporate Investment Fund, which owns 43.92%.
According to information on its website, IMCC occupies about 25% of the domestic market in the segment of products it produces (bottled milk and condensed milk) and exports them to 38 countries. Its brands are Ichnia, MamaMilla, and Milada. In 2025, the company is to launch a cottage cheese production line, for the construction of which it has raised UAH 150 million under the government program Affordable Loans 5-7-9%.
