JSC “DGM Group” (Dnipro), a producer of equipment for metallurgy, will pay out dividends for 2021 in the amount of 100 thousand UAH per share (par value UAH 95.01 thousand), having forwarded for this purpose 10 million UAH from the net profit.
According to the announcement on the web-site of the company, the decision was taken by the general meeting of shareholders on December 26. The dividends will be paid from January 19 to June 26, 2023.
According to the NCSSM for the third quarter of 2018, 56% of shares of JSC “DGM Group” belongs to Svetlana Alymova, 44% – Vasily Polishkevich. Gennady Alymov, the company’s director, does not own any shares.
There is no information on the amount of net profit received in 2021 on the company’s website and in the NCSSM’s disclosure system.
A year earlier, according to the agenda of the general meeting of shareholders for 2020, the net profit was 32.12 mln hryvnia, with 10 mln hryvnia planned for dividends, 9.5 mln hryvnia for the increase of the registered capital by increasing the share par value from 10 to 95.01 and 13.6 mln hryvnia planned to be left undistributed.
DGM Group specializes in design and manufacture of equipment for metallurgy industry (blast furnace, ferroalloy, sintering equipment, and hydraulic drives).
Among the foreign customers are Indian TATA Steel and TATA Metaliks, Essar Steel, ArcelorMittal Works in Ukraine and Mexico, Metso:Outotec (Finland), Rockwool (Denmark), Moldavian Steel Plant, TNK Kazchrome (Kazakhstan), as well as companies in Turkey, Norway, Germany, USA and Cyprus.
In particular, according to the company’s website, it has recently completed hot tests of a set of equipment for a ferroalloy furnace at Sarda Metals and Alloys in India. The project was launched in May 2021 – two sets of stationary opening and closing machines were made to service the new furnace.
According to the company’s last disclosed statements, its net income in 2020 was UAH 165.75 million.
