Business news from Ukraine

Business news from Ukraine

“FED” to pay UAH 40 mln in dividends to shareholders for 2024

13 April , 2025  

In the period from April 1 to December 31 of this year, Kharkiv-based aircraft manufacturer FED JSC will pay dividends to its shareholders based on the results of its operations in 2024 totaling UAH 40 million at the rate of UAH 4.575 thousand per share with a par value of UAH 57.9 thousand.

According to a report in the disclosure system of the National Securities and Stock Market Commission of Ukraine (NSSMC), the relevant decision was made by the general meeting of shareholders on March 31.

According to the NSSMC, as of the third quarter of 2024, more than 98% of FED JSC shares are owned by the company’s director Viktor Popov.

In particular, the shareholders’ meeting re-elected the Supervisory Board for a new term in the same composition (three members, including the Chairman of the SB Valery Fadeev).

As reported, FED ended 2024 with a net profit of UAH 181.406 million, down 43% year-on-year in 2023.

At the end of 2023, FED JSC allocated UAH 32 million out of the net profit of UAH 318.3 million for dividends, at the rate of UAH 3.66 thousand per share with a par value of UAH 57.9 thousand.

FED JSC is one of the leading enterprises in Ukraine, specializing in the development, production, maintenance and repair of aviation, space and general engineering units.

The company has not yet announced the amount of revenue for the whole of last year, and in January-September 2024 it decreased by 35.2% compared to the same period in 2023 – to UAH 586.67 million.

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