Business news from Ukraine

“Dneprometiz” received UAH 17.6 mln in profit

6 May , 2023  

Dneprometiz PJSC (Dnipro) of Ukrainian businessman Serhiy Tihipko following the results of work in January-March this year received a net profit of UAH 17.581 million, while the company finished the same period of the last year with a net loss of UAH 8.645 million.
According to the interim report of the company, in the first quarter of 2023 net income increased by 54% up to UAH 683.802 mln.
At the same time, the undistributed profits of the company by the end of March 2023 amounted to UAH 257.664 mln.
As it was reported, Dneprometiz in 2022 decreased its net profit six times compared to the previous year – up to UAH 25.572 mln, net income increased by 1.1% – to UAH 2.474.397 mln.
“Dneprometiz produces metalware of low-carbon steel. The company has a capacity of 120 thnd mt of products per year.
According to the NDU for the fourth quarter of 2022, T.A.S. Overseas Investments Limited (Cyprus) holds 98.6578% shares of Dneprometiz.
The charter capital of Dneprometiz is UAH 83.480 mln and the par value of the shares is UAH 68.08.

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