The shareholders of Verkhnodniprovsky Machine-Building Plant JSC (VMZ, Dnipro region) plan to allocate UAH 17.09 million for dividends out of retained earnings of UAH 34.095 million as of the end of 2024, according to the agenda of the annual shareholders’ meeting scheduled for April 28.
According to the draft decision of the meeting, it is planned to pay dividends at the rate of UAH 0.64 per share (nominal value UAH 0.35). It is planned to leave the remaining UAH 17 million undistributed.
The announcement does not contain any data on the company’s financial performance, but according to the Clarity-project, VMZ’s net profit in 2024 amounted to UAH 33.94 million, down 21.3% from a year earlier.
According to the company’s website, in 2023, from June 28 to October 30, 2024, dividends totaling UAH 43.1 million (UAH 1.61 per share) were paid to shareholders out of retained earnings of UAH 70.13 million.
At the meeting, shareholders also plan to terminate the powers of the chairman and members of the supervisory board ahead of schedule and elect the same three-member board.
According to the National Securities and Stock Market Commission as of the third quarter of 2024, Viktor Rasporsky, Chairman of the Supervisory Board, owns more than 62% of VMZ JSC shares, and Andriy Rasporsky owns about 31.07%.
Verkhnedneprovsky Machine-Building Plant specializes primarily in the development and manufacture of specialized railway rolling stock, non-standard equipment for car building and car repair.
According to Clarity-project, in 2024, VMZ’s net income increased by 4% compared to 2023, to UAH 161 million.
PJSC Ukroptbakaliya, a producer of spices and food additives, earned UAH 1.565 million in net profit in 2024, which is four times less than in 2023.
According to the agenda of the annual general meeting of shareholders scheduled for April 29 this year in remote mode, based on the results of the company’s financial and economic activities in 2024, it is proposed to approve a profit of UAH 1.565 million, which will be left undistributed, and accordingly, no dividends will be accrued or paid.
The shareholders intend to summarize the results of the past year, review the report of the company’s management board for the past year and make a decision based on the results of its consideration. They also plan to extend the work of the full Supervisory Board for three years, in particular, Vladimir Yarandin and Sergey Zaitsev, representing the shareholder Ukrainian Confectionery Holding LLC, and Valentina Vyshnevskaya, representing the shareholder Roshen Management Company.
In addition, the shareholders will be asked to give their consent to the company’s entering into significant transactions within one year, the nature of which is related to the issuer’s financial and economic activities and the value of which exceeds 25% of the value of assets with a maximum amount of UAH 2 billion.
According to the Opendatabot service, in 2024, PJSC Ukroptbakaliya reduced its revenue by 14.7% to UAH 89.44 million and its debt obligations by 14.1% to UAH 42.153 million. The company’s assets decreased by 4.8% to UAH 104.653 million, and the number of employees decreased by nine to 96. The authorized capital is UAH 23.667 million.
PJSC Ukroptbakaliya was founded in 1995 in Chernihiv. The company specializes in the production of spices and seasonings, which it sells under the Mriya trademark. In 2010, the company upgraded its equipment and premises, and launched a new spice packaging line. The products are packaged on Czech equipment, except for spices and seasonings, which are packaged on Italian equipment.
The ultimate beneficial owner of the company is the son of the former President of Ukraine Oleksiy Poroshenko through Roshen Confectionery Corporation (74%) and Ukrainian Confectionery Holding LLC (19%).
The agricultural division of one of the largest grain market operators in Ukraine, JV Nibulon LLC, reported EBITDA of $24.855 million in the 2024 season, its press service said on Facebook.
It is noted that this became possible due to the reform, which provided for a change in philosophy with a focus on efficiency and profitability through investment and the introduction of new technologies.
“The results of the season confirm the effectiveness of changes in approaches to agricultural production, introduction of new technologies and strategic reorganization. In the future, Nibulon plans to continue developing its agricultural business, focusing on increasing yields and implementing innovative solutions in production, gradually expanding its land bank,” the agricultural holding emphasized.
The press service reminded that last year Nibulon harvested almost 274 thousand tons of grain from an area of 51.28 thousand hectares, which is 115 thousand tons more than the previous year.
The main crop that brought in $16.097 million was corn, whose harvest reached 190.4 thousand tons, harvested from an area of 23.7 thousand hectares.
The agroholding added that the clusters in Cherkasy and Mykolaiv regions failed to achieve high yields, with an average of 6 tons/ha. Instead, high yields were achieved in the Kamianets-Podilskyi and Khmilnyk clusters due to corn and soybeans, which offset the shortfall in other regions.
Nibulon JV LLC was established in 1991. Prior to the Russian military invasion, the grain trader had 27 transshipment terminals and crop reception complexes, a one-time storage capacity of 2.25 million tons of agricultural products, a fleet of 83 vessels (including 23 tugs), and owned the Mykolaiv Shipyard.
“Before the war, Nibulon cultivated 82 thousand hectares of land in 12 regions of Ukraine and exported agricultural products to more than 70 countries. In 2021, the grain trader exported the highest ever volume of 5.64 million tons of agricultural products and supplied record volumes to foreign markets in August – 0.7 million tons, in the fourth quarter – 1.88 million tons, and in the second half of the year – 3.71 million tons.
It is currently operating at 32% of capacity, has created a special unit to clear agricultural land of mines, and was forced to move its headquarters from Mykolaiv to Kyiv.
Chinese mining company Zijin Mining, together with partner EMX Royalty Corporation, announced the discovery of a significant copper and gold deposit at Malka Golaja in Serbia.
The deposit is located 7 kilometers southeast of the Cukaru Peki mine and contains approximately 2.81 million tons of copper at an average grade of 1.87%, and 92 tons of gold at an average grade of 0.61 g/t. The total mineralized material is estimated to be approximately 150 million tonnes.
In addition, the deposit remains incompletely explored on the periphery, indicating potential for further exploration.
Source – Novaekonomija
As of March 28, Ukraine exported 32.389 mln tonnes of grains and pulses since the beginning of 2024-2025 marketing year (MY, July-June), of which 3.206 mln tonnes were shipped this month, the press service of the
Ministry of Agrarian Policy and Food reported citing the State Customs Service.
According to the report, as of the same date last year, the total shipments amounted to 34.199 mln tons, including 4.529 mln tons in March.
In terms of crops, since the beginning of the current season, Ukraine has exported 12.997 mln tons of wheat (994 thsd tonnes in March), 2.206 mln tons of barley (62 thsd tonnes), 10.8 thsd tonnes of rye (0), and 16.72 mln tons of corn (2.14 mln tonnes).
The total export of Ukrainian flour since the beginning of the season as of March 28 is estimated at 53.1 thsd tonnes (in March – 4.5 thsd tonnes), including 49.2 thsd tonnes of wheat (4.4 thsd tonnes).
According to the results of 2024, PJSC YUZHKOKS (Kamianske, Dnipro region) increased its net loss by 4.7 times compared to the previous year – up to UAH 272.924 million from UAH 58 million 25.2 thousand.
According to the agenda of the general meeting of shareholders of the company scheduled for April 18, which will be held remotely, it is planned to consider the report of the Board of Directors for 2024 and to adopt a decision based on the results of consideration of the report of the Board of Directors for 2024.
The agenda also includes adopting a decision based on the results of the review of the report of the company’s interim CEO for 2024, reviewing the auditor’s findings, approving the results of financial and economic activities for 2024, and determining the procedure for covering losses.
In addition, the meeting will give preliminary consent to enter into significant transactions.
The draft resolutions, a copy of which is available toInterfax-Ukraine, propose to cover the losses incurred by the company based on the results of its operations in 2024 in the amount of UAH 272 million 924.570 thousand at the expense of the company’s profit for future periods.
As reported, YUZHKOKS ended 2022 with a net loss of UAH 1 billion 206.942 million, while in 2021 it made a net profit of UAH 1 billion 292.672 million.
According to the third quarter of 2024, Dashuria Ltd. (Cyprus) owns 94.9565% of the company’s shares.
The authorized capital of YUZHKOKS PrJSC is UAH 171.918 million, with a share par value of UAH 0.25.
