The Board of Directors of the Astarta agricultural holding has decided not to recommend a dividend payout from profits for the 2025 fiscal year for consideration at the annual general meeting of shareholders, which will take place on June 16.
“The Board’s decision is based on the need to retain profits to meet the company’s current investment and operational needs,” the company said in a stock exchange announcement on Friday.
Astarta’s share price fell 5.64% on that day to PLN50.2 per share.
Astarta is a vertically integrated agro-industrial holding operating in seven regions of Ukraine and is the country’s largest sugar producer. The company’s portfolio includes five sugar factories, agricultural holdings with a land bank of 214,000 hectares (including 129,000 hectares in Poltava Oblast, 42,000 hectares in Khmelnytskyi Oblast, and 16,000 hectares in Vinnytsia Oblast), and dairy farms with 30,000 head of cattle. The holding also operates a soybean processing plant and a bioenergy complex in Poltava Oblast, as well as a network of six grain elevators.
Astarta’s net profit for 2025 fell 4.2-fold to $19.94 million, while consolidated revenue decreased by 23% to $472 million.
