The aviation industry company JSC “FED” (Kharkiv) saw its net profit decline by 44% in January–September 2026 compared to the same period in 2025—to 98.8 million UAH, while in the third quarter, this figure increased 3.2-fold compared to July–September 2025—to nearly 58 million UAH.
According to the company’s interim report published in the disclosure system of the National Securities and Stock Market Commission (NSSMC), its net profit for the nine-month period rose by 23.9% to 960.4 million UAH, and in the third quarter, it doubled compared to the same period in 2025, reaching 348.8 million UAH.
In January–September, “FED” generated nearly 286.6 million UAH in gross profit, compared to 247.6 million UAH a year ago, while operating profit fell by 34.5% to 143.2 million UAH.
Retained earnings as of October 1, 2026, reached nearly 1.59 billion UAH.
The plant notes in its report that its production capacity is being utilized at 100%.
FED states that its business operations are primarily influenced by factors related to the country’s economic, social, and political challenges, including issues in the tax and financial sectors.
“Currently, the company’s main significant challenges are military aggression against Ukraine, low purchasing power among customers, and financial and economic instability in the country. All other issues are resolved through ‘dialogue’ with the relevant government agencies in the manner prescribed by law,” the report states.
FED has no unfulfilled agreements (contracts).
JSC “FED” specializes in the design, manufacture, maintenance, and repair of equipment for aviation, aerospace, and general mechanical engineering.
The average number of full-time employees as of October 1, 2026, was 963 (as of July 1—1,010).
In 2025, FED increased its net profit by 3.4% compared to 2024—to 187.6 million UAH—and its net revenue by 26.5%, to 1.05 billion UAH.
As previously reported, by the end of 2026, FED will pay shareholders 40 million UAH in dividends, amounting to nearly 5,150 UAH per share. More than 98% of the shares in JSC “FED” are held by the company’s director, Viktor Popov.
