PJSC Donbasenergo will send 30% (UAH 8.727 million) of the net profit received at the end of 2020 to pay dividends, the company has told Interfax-Ukraine, referring the results of the shareholders’ meeting held on Monday. Another 70% of last year’s profit will be channeled to the production development fund.
As reported, PJSC Donbasenergo saw a net profit of UAH 29.09 million in 2020 versus UAH 69.997 million of a net loss in 2019.
Donbasenergo owns Starobesheve TPP (located in the occupied territory) and Sloviansk TPP with a total installed capacity of 2.88 GW, including the capacity of Sloviansk TPP of 880 MW. In March 2017, the generating company announced the loss of control over the Starobesheve TPP, as well as part of the structural units located in the temporarily uncontrolled territory.
PJSC Energoinvest Holding owns 60.86% of Donbasenergo shares, another 25% of the company is owned by the state.
