The solvent banks of Ukraine in January-February 2021 received UAH 6.491 billion of net profit, which is 2.5 times less than in the same period of 2020 (UAH 15.877 billion), according to data published on the website of the National Bank of Ukraine (NBU).
According to the data, the income of banks for the two months of this year decreased by 1.3 times against the indicator for the same period last year, to UAH 35.089 billion. In particular, the result from revaluation and from sales and purchases was negative and amounted to UAH 3.856 billion, while in the same period last year it was positive and amounted to UAH 7.865 billion.
At the same time, commission income grew by 15.9%, to UAH 12.379 billion
The expenses of the banking system in January-February 2021 decreased by 5.8% compared to this indicator in 2020, to UAH 28.598 billion, in particular, payments to reserves by 21.9%, to UAH 1.048 billion. At the same time, commission expenses increased by 26.5%, to UAH 4.715 billion.
As reported, Ukrainian banks in 2020 reduced their net profit by 29%, to UAH 41.3 billion, but in the fourth quarter the decline was 63% due to increased payments to reserves.
PrJSC JT International Company Ukraine, one of the largest tobacco companies in Ukraine, in 2020 reduced its net profit by 12.1% compared to 2019 – to UAH 613.75 million.
According to the company’s statement in the information disclosure system of the National Securities and Stock Market Commission, its assets increased by 9.6% over the year, to UAH 4.27 billion, while retained earnings decreased by 10.6% – to UAH 987 million.
The total accounts receivable of the PrJSC by the end of the year decreased by 4.7% – to UAH 983.99 million.
According to the report, at the annual meeting of shareholders on April 21, it is planned to send UAH 298.34 million from the net profit for 2020 to pay dividends, the remaining UAH 315.41 million will not be distributed. The agenda of the meeting also includes the approval of the maximum amount for the purchase of tobacco products from PJSC JT International Ukraine in the amount of UAH 20 billion and the conclusion of contracts for the sale of tobacco products in the amount of UAH 21 billion.
JT International Company Ukraine is a member of Japan Tobacco Inc. JTI). In Ukraine, it owns Kremenchuk tobacco factory (Poltava region).
The most famous brands of JT International Ukraine are Sobranie, Winston, Camel, Glamor, and LD.
Its products are sold in Ukraine and exported to more than 20 countries.
Top 20 countries of Ukraine’s foreign trade partners in 2020 (thousand usd).
Kyiv Mayor Vitali Klitschko met with a delegation from the European Bank for Reconstruction and Development (EBRD) headed by Odile Renaud-Basso, where the sides discussed further cooperation in the implementation of environmental and infrastructure projects in the Ukrainian capital.
“This year, we plan to complete the repayment of loans under the 2007 loan agreements, which allowed us to purchase 202 new trolleybuses, some 185 buses and 50 metro cars,” Klitschko said on the klichko.org website on Tuesday.
In addition to the urban transport renewal program, the meeting also discussed a project worth EUR 140 million to modernize the heating system of the Ukrainian capital. The EBRD provided a loan for the implementation of the project to the city within the Green Cities program.
Renaud-Basso stressed the interest of the EBRD in cooperation with the municipality of Kyiv.
She said the EBRD officials see the same priority areas of cooperation: roads, bridges, transport and environmental infrastructure. They are ready for closer cooperation, as well as they are ready to continue to provide support and attract investments to contribute to the sustainable development of the city in the face of global challenges.
Myronivsky Hliboproduct agricultural holding (MHP) received a net loss of $133 million in 2020 versus a net profit of $215 million in 2019, mainly due to exchange rate losses of $204 million due to the annual depreciation of hryvnia by 16%, and the company’s revenue decreased by 7%, to $1.91 billion.
According to the quarterly financial statements of the holding, released on London Stock Exchange on Wednesday, its adjusted EBITDA and operating income decreased by 7%, respectively, to $395 million and $201 million, while the profitability of sales (EBITDA margin) remained at the 2019 level of 21%.
MHP said that in 2020, export revenue decreased by 9.1%, to $1.015 billion, which is 53% of total revenue (56% of total revenue in 2019).
In the fourth quarter of 2020, MHP reduced its net loss by 60%, year-over-year, to $24 million, its total revenue decreased by 10%, to $497 million, and export revenue decreased by 19.3%, to $255 million (51% of total revenue).
MHP is the largest chicken producer in Ukraine. It is also engaged in the production of cereals, sunflower oil, meat products. MHP supplies the European market with chilled half-carcasses of chickens, which are processed, including at its factories in the Netherlands and Slovakia.
Most Ukrainians believe that Ukraine needs to join the European Union. This is evidenced by the results of a survey conducted by the Razumkov Center in March 2021. Ukraine’s accession to the European Union is supported by 59% of respondents, while 26% are of the opposite opinion. The share of those who support EU accession exceeds the share of those who adhere to the opposite point of view in the west (84% and 8.5%, respectively) and in the center of the country (63% and 19%, respectively). In the east, there are slightly more of those who believe that there is no need to join (38.5% and 46%, respectively), and in the south, the shares of the former and the latter do not differ statistically significantly (41.5% and 42%, respectively).
Accession to the European Union is mainly supported by young people (76% “for” in the age group from 18 to 29 years old, some 44% “for” among respondents over 60). At the same time, in all age groups, the share of those who support accession to the EU exceeds the share of those who oppose it.
In the event of a referendum on Ukraine’s accession to the European Union, some 59% of those polled (80% of those who intend to take part in the referendum) voted in favor of joining, and, respectively, 26% and 17% were against. At the same time, among fans of joining the European Union, some 96% of those polled expressed their readiness to vote in the referendum, and among opponents some 46%.
The share of those who intend to vote for accession to the EU exceeds the share of those who intend to vote against in the western (84% and 8%, respectively) and in the central regions (64% and 18%, respectively). In the eastern regions, there are slightly more of those who are going to vote against joining (39% and 46%, respectively), and in the south, the shares of the former and the latter are the same (42% each).
Among respondents aged 18 to 29 years, some 75% intend to vote for accession to the European Union, among respondents over 60 years old some 44%.
Among the representatives of the electorate of the European Solidarity party some 91% intend to vote for joining the European Union (against some 5%). Among the respondents who intend to vote for the Servant of the People party at the parliamentary elections were 78% and 13%, respectively, for the Batkivschyna party some 60% and 21%, respectively. At the same time, the overwhelming majority among the representatives of the electorate of the Opposition Platform – For Life party would vote against 15% and 73%, respectively.
The share of those who believe that relations between Ukraine and the EU will improve is highest in the western region (34.5%), lower in the central (27.5%) and lowest in the southern (22%) and eastern (17.5%) regions. In the same regional sequence, the share of those who believe that they will worsen is growing (4%, 6%, 15% and 21%, respectively). Optimism is more often expressed by representatives of young people (34% among respondents from 18 to 29 years old, some 19% among respondents over 60 years old).
The research was conducted by the sociological service of the Razumkov Center from March 5 to March 9, 2021 using the method of face-to-face interviews at the place of residence of the respondents. A total of 2018 respondents aged 18 and over were interviewed in all regions of Ukraine, with the exception of Crimea and the occupied territories of Donetsk and Luhansk regions, according to a sample representing the adult population in terms of basic social and demographic indicators. The theoretical sampling error (excluding the design effect) does not exceed 2.3% with a probability of 0.95.
