The aviation industry enterprise FED JSC (Kharkiv) reduced its net profit 3.9-fold in January-June 2026 compared with the first half of 2025, to UAH 40.8 million.
According to the company’s interim report published in the disclosure system of the National Securities and Stock Market Commission, its net revenue increased slightly, by 1.7%, to UAH 611.6 million.
FED posted almost UAH 153 million in gross profit, compared with UAH 181.7 million a year earlier, while operating profit fell 2.8-fold to UAH 70.3 million.
Retained earnings exceeded UAH 1.53 billion as of July 1, 2026.
“The main risks in the company’s operations are associated with a significant increase in prices for electricity, gas and other resources. Martial law is also in effect in our country, forcing the company to operate under force majeure conditions,” the report states.
As reported, in the first quarter of 2026, the company’s net profit fell 6.7-fold compared with the same period of 2025, to UAH 17 million, amid a 10% increase in net revenue to UAH 336.6 million.
FED JSC specializes in the development, production, servicing and repair of components for aviation, space and general engineering purposes.
The average number of full-time employees as of July 1, 2026, was 1,010.
In 2025, FED increased its net profit by 3.4% compared with 2024, to UAH 187.6 million, while net revenue rose by 26.5% to UAH 1.05 billion.
As reported, by the end of this year, FED will pay shareholders UAH 40 million in dividends, equivalent to almost UAH 5,150 per share. More than 98% of FED JSC shares are owned by the company’s director, Viktor Popov.
