Business news from Ukraine

Druzhkovka Hardware Plant reduced its profit by 29%

29 March , 2024  

In 2023, Druzhkovka Hardware Plant (Donetsk Oblast) reduced its net profit by 28.9% year-on-year to UAH 24.049 million from UAH 33.832 million.

As reported in the company’s official information for the agenda of the annual shareholders’ meeting scheduled for April 29, the plant’s retained earnings at the end of last year amounted to UAH 404.126 million.

The shareholders intend to summarize the results of the year 2023, approve the reports and set plans for 2024.

It is also planned to leave the profit earned in 2023 without distribution, and not to accrue or pay dividends.

The shareholders will decide on the preliminary consent to enter into significant transactions that may be made by the company within no more than one year from the date of such decision, indicating the nature of the transactions and their maximum aggregate value.

Druzhkovka Hardware Plant produces machine-building and railway fasteners.

According to the third quarter of 2023, the company’s shares were owned by an individual Alexey Spiridonov, who held 14.9949%, Elena Mishchenko-Solona (resident of Spain) – 13.0304%, Irina Mishchenko – 24.5167%, Sergey Popkov – 5.8611%, Anton Malikov – 9.75%, Elena Malikova – 8.25%, Valery and Dmitry Malikov – 9.774% each.

The authorized capital of the company is UAH 3.323 million, the nominal value of 1 share is UAH 0.05.

,