PJSC “Dniprometiz” (Dnipro) of Ukrainian businessman Serhiy Tihipko following the results of work in January-June this year received a net profit of UAH 17.253 million, while the same period last year ended with a net loss of UAH 12.346 million.
According to the company’s interim report, in the first half of 2023, net income increased by 15.4% to UAH 1 billion 426.222 million.
At the same time, the company’s retained earnings by the end of June 2023 amounted to UAH 257.336 million.
As reported, “Dneprometiz” at the end of January-March of this year received a net profit of UAH 17.581 million, while ended the same period last year with a net loss of UAH 8.645 million. For the first quarter of 2023 net income increased by 54% to UAH 683.802 million.
“Dneprometiz” in 2022 decreased net profit six times compared to the previous year – to 25.572 million UAH, net income increased by 1.1% – to 2 billion 474.397 million UAH.
“Dneprometiz” produces hardware products from low-carbon steels. The capacity of the enterprise is 120 thousand tons of products per year.
According to the NDU data for the first quarter of 2023, T.A.S. Overseas Investments Limited (Cyprus) owns 98.6578% of Dneprometiz shares.
The authorized capital of Dniprometiz PJSC is UAH 83.480 mln, the nominal value of a share is UAH 68.08.
