Business news from Ukraine

Business news from Ukraine

Aviation company “FED” saw its net profit drop by factor of 6.7 in January–March

2 May , 2026  

The aviation company FED JSC (Kharkiv) ended January-March 2026 with a net profit of UAH 17.08 million, which is 6.7 times less than the corresponding figure for January-March 2025.

According to the company’s interim report published in the disclosure system of the National Securities and Stock Market Commission (NSSMC), its net revenue increased by 9.7% to UAH 336.6 million.

“FED” generated nearly UAH 57 million in gross profit compared to UAH 101.9 million a year earlier, while profit from operating activities decreased by 6.2 times to UAH 22.9 million.

Retained earnings as of April 1, 2026, exceeded UAH 1.5 billion. FED’s current liabilities amounted to UAH 663.1 million, while long-term liabilities stood at UAH 204.5 million.

JSC “FED” is one of Ukraine’s leading enterprises. It specializes in the development, production, maintenance, and repair of equipment for aviation, space, and general engineering applications.

The average number of full-time employees as of April 1, 2026, was 964.

In 2025, FED increased its net profit by 3.4% compared to 2024—to UAH 187.6 million—while net revenue grew by 26.5%—to UAH 1.05 billion.

As reported, by the end of this year, FED will pay shareholders UAH 40 million in dividends, amounting to nearly UAH 5,150 per share. Over 98% of the shares in JSC “FED” are owned by the company’s director, Viktor Popov.

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