A member of the international agro-industrial group Soufflet, malt producer PrJSC Slavuta Malt House (village of Krupets, Khmelnytsky region) increased its net profit 1.9 times in 2020 compared to 2019 – up to UAH 134.66 million.
According to the company’s statement in the information disclosure system of the National Securities and Stock Market Commission, its assets for the year decreased by 12.5% – to UAH 823.16 million, and retained earnings increased by 5.4% – to UAH 531.02 million.
At the end of the year, the total accounts receivable of the PrJSC increased by 46.1% to UAH 323.12 million.
The company announces the annual meeting of its shareholders scheduled for April 22, in the agenda of which it is planned to make a decision on the direction of the retained net profit received in 2020 for the development of the company and replenishment of its working capital. The decision not to accrue or pay dividends to shareholders is also on the agenda.
According to the Unified State Register of Legal Entities and Individual Entrepreneurs, the ultimate beneficiary of PrJSC Slavuta Malt House is chairman of the board of directors of the Soufflet Group, Jean-Michel Soufflet.
According to the data on the website of the Slavuta Malt House, in 2020 it produced 128.640 tonnes of malt, of which it exported 42.36 tonnes.
According to the French diversified Soufflet Group, it is one of the world’s largest malt producers, with 28 malt plants in Europe, Asia and South America. The company is the largest flour producer in France, it produces bread and confectionery in France and Portugal, and operates on the international grain market through the Soufflet Negoce trading business unit.
PrJSC Poltava Oil Crushing Plant, one of the largest producers of sunflower oil in Ukraine, saw UAH 104.65 million in net loss in 2020 versus UAH 63.15 million in net profit a year earlier.
According to the company’s statement in the information disclosure system of the National Securities and Stock Market Commission, its assets during the year grew by 1.7%, to UAH 1.32 billion, and the uncovered loss amounted to UAH 49.29 million versus UAH 54.92 UAH million of net profit a year earlier.
According to the results of the year, the total accounts receivable of PJSC Poltava Oil Crushing Plant decreased by 65.5%, to UAH 180.19 million.
According to the report, at the annual meeting of shareholders scheduled for April 16, it is planned to obtain approval for the company to carry out significant transactions with a total value of up to UAH 5 billion, which can be used by the company to conduct business in 2021. The agenda of the meeting also includes the appointment of Niva-Audit to conduct a statutory audit of the company’s financial statements for 2019.
According to the unified public register of legal entities and private entrepreneurs, the Poltava Oil Crushing Plant belongs to the largest shareholder of the Kernel agricultural holding Andriy Verevsky.
National bank of Ukraine’s official rates as of 16/03/21
Source: National Bank of Ukraine
About a third of Ukrainians intend to increase their online purchases in the next year or two, and 20% are going to make less purchases in bricks-and-mortar stores, according to the results of a survey on the impact of the pandemic on consumer sentiment of Ukrainians conducted by Deloitte in Ukraine.
Senior Manager of Retail Group at Deloitte in Ukraine Oleksandr Yampolsky said on Tuesday that 1,600 respondents, selected according to a quota sample, took part in the survey in December 2020.
“There are two more important figures. 40% of respondents do not feel comfortable shopping in bricks-and-mortar stores. Every second respondent is worried about their data when buying something online. Companies in the retail sector should pay attention to this,” Yampolsky said, presenting the results of the survey.
According to the survey conducted by Deloitte, 66% of respondents, speaking about the effect of quarantine on their purchases, reduced their alcohol purchases, and 31% had an increase in spending on medicines.
The survey also showed that the majority of Ukrainians (98% of respondents) continue buying groceries in bricks-and-mortar stores, and only 44% of those surveyed have experience of buying groceries online.
At the same time, respondents believe that the average check for products in an online store is 52% higher than in a traditional one, while for household chemicals, respondents’ price expectations in online stores are twice as high as in bricks-and-mortar ones.
“At the same time, 57% of respondents said they prefer a convenience store,” Audit & Assurance Partner, Retail Group Leader in Deloitte Ukraine Olha Shamrytska said.
“There is a significant attachment of buyers to the brand. 64% of respondents said that the brand affects significantly or in some way the way they shop,” Shamrytska said.
She also said that 49% of respondents thoughtfully choose food in the store, and 37% make their choice even before going to the store.
As for electronics and household appliances, about 85% of respondents make such purchases in bricks-and-mortar stores, but 65% also buy them in an online store.
According to Shamrytska, among this category of goods, the respondents most often bought smart watches and fitness bracelets, tablets, phones, multicookers and smart speakers in 2020.
Average monthly wage by region in Jan 2020, UAH.