Business news from Ukraine

Business news from Ukraine

“Donbass Clays” reduced its profit by 2.5 times in 2023

20 March , 2025  

In 2023, Donbass Clays PrJSC (Dorozhne village, Donetsk region) reduced its net profit by 2.5 times compared to 2022, to UAH 81.997 million.

According to the annual report for 2023, net income decreased by 7.7% to UAH 371.889 million.

Retained earnings at the end of 2023 amounted to UAH 310.034 million.

As reported, in 2022, Donbass Clays reduced its net profit by 9.4 times compared to 2021, to UAH 32.217 million from UAH 302.512 million. In 2021, the company increased its net profit by 51.1% compared to 2020, to UAH 302.512 million from UAH 200.216 million.

Donbas Clays was established in 1995. The company is engaged in the extraction and supply of clays and composites from deposits in Donetsk Oblast.

At the end of 2015, the Dutch Watts Blake Bearne International Holdings B.V., a part of the British Watts Blake Bearne (the world’s largest producer of lump clay – IF-U), increased its stake in the authorized capital of Donbass Clay PJSC to 99% from 49%.

According to the third quarter of 2024, Watts Blake Bearne International Holdings B.V. owns 99% of the shares in the company.

The authorized capital of Gliny Donbassa PrJSC is UAH 526.9 thousand, the nominal value of 1 share is UAH 5269.18.

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