The profit of Ukrainian banks in April-September 2020 fell by 22.2%, to UAH 37.6 billion compared to the same period a year earlier (year-over-year), at the same time, the National Bank of Ukraine (NBU) expects that till the end of 2020 the banking system of Ukraine will be profitable.
According to an overview of the banking sector on the NBU website, the banking sector continues to overcome the consequences of the COVID-19 pandemic, in the third quarter of 2020 the main indicators of banks resumed growth. At the same time, losses from the deterioration of the loan portfolio quality remain the main challenge for the profitable activities of banks.
According to the NBU report, during the third quarter, the rate on 12-month deposits in hryvnias decreased by only 0.9 percentage points, to 8.7% per annum. It is noted that, although the NBU refinancing rate remains unchanged, a further decrease in loan rates is expected, since the potential for their reduction has not yet been exhausted.
According to the National Bank, the spread between three-month and 12-month deposits in hryvnias increased slightly from 0.2 percentage points to 0.5 percentage points, but this did not create incentives for the continuation of the maturity of deposits, and corporate hryvnia funds fell by 1.4 percentage points, to 3.8% per annum.
According to the report, the average interest loan rates to economic entities in hryvnias decreased by 1.0 percentage points, to 9.6% per annum in July-September, and for loans to individuals by 1.9 percentage points, to 30.9% per annum.
It is indicated that the net assets of Ukrainian banks in the third quarter increased by 7.6% to UAH 1.71 trillion, the share of government domestic loan bonds in assets by 4.8 percentage points, and NBU deposit certificates by 17%.
Chornomorsk seaport (Odesa region) reduces handling of goods by 7.7%, to 19.437 million tonnes in January-October 2020 compared to the same period in 2019.
According to the website of the Ukrainian Sea Ports Authority (USPA), over the ten months Chornomorsk port reduced the transshipment of export cargo by 2.1%, to 15.838 million tonnes compared to January-October 2019, import cargo by 30.3%, to 2.654 million tonnes, and coastal cargo by 71.3%, to 51,600 tonnes, but increased handling of transit cargo by 1.3%, to 892,260 tonnes.
Handling of bulk cargo in the seaport decreased by 11.7%, to 1.216 million tonnes, dry bulk cargo by 4.7%, to almost 13.749 million tonnes, and packaged goods by 14.9%, to 4.472 million tonnes.
Handling of containers amounted to 125,282 TEU (increased by 12.6%).
Chornomorsk seaport is a universal international port, one of the largest on the Black Sea. The enterprise has specialized terminals and complexes that allow handling a wide range of cargo: liquid, bulk, general. The seaport’s 29 berths are capable of receiving vessels with a carrying capacity of up to 100,000 tonnes. The port’s annual designed capacity is over 30 million tonnes.
Electricity production by all power plants of state-owned enterprise Energoatom in January-October 2020 decreased by 6% (by 4.057 billion kWh), to 63.214 billion kWh compared to the same period in 2019.
According to the company’s report, the target for electricity production for the specified period was exceeded by 2.8%.
The power plants of the state-owned enterprise supplied 59.059 billion kWh of electricity versus 63.170 billion kWh in January-October 2019.
The share of Energoatom in the total structure of electricity production in the country amounted to 52.8%, which is by 0.3 percentage points less than in the ten months last year.
The volume of capital investment use amounted to UAH 7.091 billion versus UAH 11.293 billion in January-October 2019, financing of capital investments some UAH 7.404 billion versus UAH 12.544 billion.
According to the results of the reporting period, Energoatom transferred UAH 8.980 billion to the budgets of all levels, insurance payments amounted to UAH 2.593 billion.
The installed capacity utilization factor of the enterprise amounted to 62.2%, which is 4.3 percentage points less than in January-October 2019. At the same time, the coefficient of readiness to bear nominal electric load amounted to 71.8%, which is 4 percentage points more than in the ten months of 2019.
Mariupol seaport (Donetsk region) increased handling of goods by 11.26%, to 5.881 million tonnes in January-October 2020 compared to the same period in 2019.
According to the website of the Ukrainian Sea Ports Authority (USPA), during this period the seaport increased handling of export cargo by 14.56%, to 4.965 million tonnes, and of coastal cargo by almost 70 times, to 384,600 tonnes, but reduced handling of imported cargo by 43.9%, to 631,310 tonnes. At the same time, the seaport did not handle transit cargo.
In terms of the cargo nomenclature, over the ten months the enterprise increased handling of bulk cargo by 3.91%, to 130,100 tonnes, and packaged goods by 25.86%, to 4.008 million tonnes, but reduced handling of dry bulk cargo by 11.81%, to 1.743 million tonnes.
During this period, no containers were transshipped in the seaport.
As reported, the volume of cargo handling at Mariupol seaport in 2019 increased by 10%, to 6.484 million tonnes compared to 2018.
Mariupol seaport is one of the largest ports in Ukraine. Its capacity allows transshipping over 17 million tonnes of cargo per year. The port is open year-round for vessels up to 240 meters in length and up to eight meters draft. Its territory is 73.2 ha, and the length of the berthing line is 4.2 km.
The Dobrobut medical network (Kyiv) has opened a dermatology and cosmetology center at the premises of one of the centers of the Doctor Sam medical network, which Dobrobut acquired at the end of May 2020.
Dobrobut told Interfax-Ukraine that the center of dermatology and cosmetology was opened on November 9. It will provide both consulting services for dermatologists and cosmetologists, and hardware diagnostics services.
Dobrobut did not announce the volume of investments in the opening of the center.
Earlier, the Dobrobut medical network announced plans to open a medical cosmetology center in the premises of one of the centers of the Doctor Sam network acquired by it in the Holosiyivsky district of Kyiv, which will develop the direction of cosmetology based on deep medical expertise.
The IMC agricultural holding posted a net profit of $33.17 million in January-September 2020, which is 1.8 times more than in the same period in 2019.
According to the company’s report on the website of the Warsaw Stock Exchange, IMC’s revenue for this period decreased 4%, to $113.84 million.
The holding’s gross profit in the first nine months of 2020 increased 47%, to $71.42 million, operating profit grew by 2.2 times, to $49.12 million.
The company’s EBITDA for the reporting period increased 1.6 times compared to January-September 2019 and amounted to $64.71 million.
As of September 30, 2020, the company’s noncurrent liabilities amounted to $100.06 million versus $108.95 million at the end of September last year, current liabilities stood at $68.85 million ($89.03 million).
After the reporting period, IMC repaid loans, borrowings and interest in the amount of $2.05 million and received loans and borrowings in the amount of $0.46 million.
According to the report, revenue from wheat sales for the reporting period increased 35%, to $17.19 million, from sunflower it grew by 121%, to $16.62 million, cattle – by 181%, to $0.3 million, revenue from the sale of corn fell by 17%, to $77.13 million, milk – by 9%, to $1 million, soybeans – by 80%, to $0.44 million.
IMC specializes in the cultivation of grain, oilseeds and milk production in Ukraine.
