Private Joint-Stock Company “Radomyshl Brewery” (Radomyshl, Zhytomyr region), which is a part of “Persha Privatna Brovarnya” group, has increased its net loss by 57,3% – up to 149,42 million UAH in 2022 in comparison with the previous year.
According to the company’s notice in the information disclosure system of the National Securities and Stock Market Commission (NSSMC) about the planned annual meeting on April 28, its assets for the year increased by 23.9%, to UAH 3.82 billion, and the uncovered loss increased by 7.2%, to UAH 2.23 billion.
Total accounts receivable of the plant increased 16.5% during the year, to UAH 1.85 billion, long-term liabilities increased 20.7% to UAH 1.43 billion, and current liabilities increased 21.6% to UAH 3.62 billion.
The company increased its inventory by 57% to UAH 0.72 bln and had UAH 17.2 mln of free cash at the end of the year.
The shareholders are not allowed to pay out dividends and will have to repay their losses at the expense of future profits.
As earlier reported, Persha Privatna Brovarnya LLC was founded in 2004. It operates two breweries – in Lviv and Radomyshl with a total capacity of 2.4 million hectoliters of beer per year.
According to the PPB website, the largest shareholder of the company and its CEO is Ukrainian Andrey Matsola, while the second largest stake belongs to the EBRD. The rest of the shares are divided between Oettinger Group and the managing partners of OASIS Group.
The company’s brand portfolio includes beer brands Avtorskoe, StareMisto, Zhiguli Barne, Oettinger, CervenaSelka, Bavaria, Galitskaya Korona and others, as well as two kvass brands Lvovsky and Drevlyansky.
The Radomyshl Brewery PJSC (Radomyshl, Zhytomyr region), which is part of the Persha Privatna Brovarnya group of companies, increased its net loss in 2022 by 57.3% compared with the previous year, to UAH 149.42 mln.
According to the company’s notice in the information disclosure system of the National Securities and Stock Market Commission (NSSMC) about the planned annual meeting on April 28, its assets for the year increased by 23.9%, to UAH 3.82 billion, and the uncovered loss increased by 7.2%, to UAH 2.23 billion.
Total accounts receivable of the plant increased 16.5% during the year, to UAH 1.85 billion, long-term liabilities increased 20.7% to UAH 1.43 billion, and current liabilities increased 21.6% to UAH 3.62 billion.
The company increased its inventory by 57% to UAH 0.72 bln and had UAH 17.2 mln of free cash at the end of the year.
The shareholders are not allowed to pay out dividends and will have to repay their losses at the expense of future profits.
As earlier reported, Persha Privatna Brovarnya LLC was founded in 2004. It operates two breweries – in Lviv and Radomyshl with a total capacity of 2.4 million hectoliters of beer per year.
According to the PPB website, the largest shareholder of the company and its CEO is Ukrainian Andrey Matsola, while the second largest stake belongs to the EBRD. The rest of the shares are distributed among Oettinger concern and the managing partners of OASIS group.
The company’s brand portfolio includes beer brands Avtorskoe, StareMisto, Zhiguli Barne, Oettinger, CervenaSelka, Bavaria, Galitskaya Korona and others, as well as two kvass brands Lvovsky and Drevlyansky.
Ukraine in January-March this year, Ukraine increased exports of sunflower oil by 14.5% – to 1 million 322.611 thousand tons. According to customs statistics, in monetary terms, exports of these products in the first quarter decreased by 13.6% – to $1 billion 355.889 million ($1 billion 568.449 million in 1Q2022).
During this period, the export of soybean oil increased by 36.6% – to 78,091 thousand tons, in monetary terms increased by 1.6% – to $77.689 million.
In 2022, Ukraine reduced exports of sunflower oil by 16.4% to $4 billion 290.336 million, in monetary terms – by 14.5% to $5 billion 464.151 million.
Soybean oil exports in 2022 were 237,025 thousand tons, down 1.7% from 20211. In monetary terms, exports rose by 3.2% to $304.685 million.
The peak of the spring floods in the capital is expected by the end of April, tentatively – on April 22, the press service of the Kiev state city administration said.
“According to the Ukrhydrometeocenter, the peak of the spring floods in Kiev is tentatively expected on April 22,” said in a message in the Telegram channel on Monday.
It is noted that in the capital there is waterlogging of the territories of the island of Muromets Park, Gidropark, Trukhanov Island, Galerny Bay, Korchevatoe, private areas in the area of Osokorki.
The water level in 2023 is 0,5-1 m higher than last year.
The main reason for the floods is the spring flooding and regular precipitation in recent times, which led to an increase in water in the rivers.
“In addition, the level of the Dnieper in Kiev has always been regulated by the cascade of Dnieper hydropower plants. Unfortunately, to date, Kakhovskaya HPP does not work in full technological mode, so the other dams are trying to adjust this situation,” – noted in the message.
According to Ukrhydrometocenter, as of 12:00 on Monday, the water level in the Dnieper is 9,359 cm (the critical level – 9,415 cm) according to the Baltic system of heights.
“There is still 50-60 cm to the critical water level. We understand that the water can reach this level, so we conduct additional training of civil protection forces, rescuers and all services that may be involved in providing assistance to residents,” notes Roman Tkachuk, director of the Department of Municipal Safety of the Kyiv City State Administration.
Cases where the consequences of flooding caused damage to property or other damage to businesses will be considered in the work of the district commissions of technogenic and environmental safety and emergencies.
The volume of marketable products of Kyivsky Cardboard and Paper Mill (Obukhiv, Kyiv region), the leader of the Ukrainian industry in this indicator, in January-March 2023 amounted to UAH 1.862 billion, and it was 27.2% more than in the first quarter of 2022.
According to the statistics of the UkrPapir association, provided to Interfax-Ukraine, in this way, the mill, following the results of the quarter, moved to a significant positive dynamics in the increase in production volume (according to the results of January-February, there was a decrease by 2.6%), primarily due to low the comparative base of March 2022 – the first full month of the full-scale aggression of the Russian Federation against Ukraine.
In kind, in March 2023, the production of corrugated boxes rose by 3.7 times compared to March 2022, to 16.9 million square meters, paper and cardboard 3.6 times, to 18,600 tonnes.
With the outbreak of the full-scale war in Ukraine, the mill suspended production, but resumed it in March 2022.
Taking this into account, according to statistics, in January-March of this year, the production of corrugated boxes at the mill grew by 54.6%, to 52.34 million square meters. The output of cardboard rose by 26.2%, to 43,920 tonnes, due to the increase in the output of containerboard by 53.6%, to 36,380 tonnes, while the output of boxboard dropped by 32%, to 7,540 tonnes.
At the same time, the production of base paper for sanitary and hygienic purposes retains a downward trend, although it has slowed down – in January-March it fell by 31% to 10,220 tonnes, while the production of toilet paper in rolls fell by 29%, to 56.54 million.
The mill, despite the reduction in the production of toilet paper, retains leadership in its production in Ukraine: in general, in the first three months, the main enterprises of the industry produced 87.72 million rolls (10% less).
According to the statistics of the profile association received from industry enterprises, in total, in January-March 2023, they produced 131,560 tonnes of paper and cardboard, which is 12.4% more than in the first quarter of 2022, and 115.24 million square meters of cardboard boxes – 23.4% more.
At the same time, in March, the production of corrugated boxes grew by 2.5 times compared to March 2022 to 36.74 million square meters of paper and cardboard three times, to 44,240 tonnes.
Kyivsky Cardboard and Paper Mill is one of the largest enterprises in Europe for the production of cardboard and paper products with a staff of about 2,500 people.
Pulp Mill Holding (Austria) owns 100% of the company’s shares.
Ukraine in January-March this year exported 99 tonnes of pork, which is 54.7% more than in the same period last year (64 tonnes).
According to customs statistics, in monetary terms, the export of these products for the first quarter increased by 3.5 times – up to $274,000 ($78,000 in the first quarter of 2022).
Pork imports in January-March 2023 decreased by 4.3 times – to 3,162 tonnes from 13,746 tonnes, and in monetary terms, the decline was four times – to $6.291 million.
At the same time, according to customs statistics, the supply of poultry meat and offal abroad in the first quarter of 2023 increased by 20% – up to 104,121 tonnes, and in monetary terms, the growth was 3.5% – up to $180.022 million.
During this period, imports decreased in physical terms by 22.3% – to 15,482 tonnes, in monetary terms – by 28.2%, to $8.372 million.
Ukraine in 2022 reduced the supply of pork to foreign markets by 13 times – to 293 tonnes, while imports of this product amounted to 46,934 tonnes (an increase of 15.5%).
In 2022, the country reduced the export of poultry meat and offal by 10%, to 413,197 tonnes. Imports of these products decreased by 37.6% compared to 2021, to 74,746 tonnes.
