The “Sukha Balka” mine (Kryvyi Rih, Dnipropetrovsk Oblast), part of Oleksandr Yaroslavskyi’s DCH Group, reduced its net loss by 68.5% in January–June of this year compared to the same period last year, down to 77.849 million UAH.
According to the company’s interim report, available to the Interfax-Ukraine news agency, revenue from ordinary operations during this period decreased by 1.7% to 1,359.399 million UAH.
Retained earnings as of the end of June 2026 amounted to 1,771.898 million UAH.
As previously reported, in January–March 2026, the Sukha Balka mine reduced its net loss by 28.4% compared to the same period in 2025—to 91.534 million UAH from 127.857 million UAH. Revenue from ordinary activities decreased by 9.1%—to 616.301 million UAH from 678.241 million UAH.
In 2025, the mine reported a loss of 420.199 million UAH on revenue from ordinary activities of 2 billion 690.771 million UAH. It ended 2024 with a net loss of 333.856 million UAH, while 2023 closed with a net profit of 114.837 million UAH. In 2022, net profit fell by a factor of 2.7 compared to 2021—to 487.878 million UAH from 1 billion 326.460 million UAH.
The “Sukha Balka” Mine is one of the leading enterprises in Ukraine’s mining industry. It extracts iron ore using underground mining methods. The mine complex includes the Yuvileina Mine and the Frunze Mine. Frunze.
The average number of full-time employees at the enterprise is 1,172.
In May 2017, the DCH Group acquired the mine from the Evraz Group.
According to the National Securities and Stock Market Commission’s data for the first quarter of 2026, Yaroslavsky directly owns 77.4193% of the mine’s shares, while Artem Aleksandrov, a resident individual, owns 15.4938%.
The authorized capital of PrJSC “Sukha Balka” is 41.869 million UAH, and the par value of a share is 0.05 UAH.
LOSS, Mine, ORE, REVENUE, SUKHA BALKA
