Business news from Ukraine

FOZZY GROUP ENDS 2020 WITH PROFIT

4 March , 2021  

PrJSC Fozzy Group (Vyshneve, Kyiv region) ended 2020 with a net profit of UAH 8.6 million, while in 2019 it saw a net loss of UAH 5 million.
According to the company’s statement in the information disclosure system of the National Securities and Stock Market Commission on the meeting of shareholders scheduled for April 2, dividends for 2020 are not planned to be charged or paid.
As indicated in the report, the net profit per share of Fozzy Group for the last year amounted to UAH 0.27, while in 2019, UAH 0.35 of a loss was per share.
Retained earnings of the company in the past year doubled and amounted to UAH 16.3 million.
The total accounts receivable of the PrJSC last year decreased 63%, to UAH 932.5 million, current liabilities decreased 32%, to UAH 1.6 billion. The company has no long-term obligations.
Fozzy Group’s assets at the end of 2020 decreased 17%, to UAH 3.6 billion.
PrJSC Fozzy Group was established in 2005. According to the National Securities and Stock Market Commission, the shareholder of the PJSC is Fozzy Group LLC (98.7%). In the unified public register of legal entities and private entrepreneurs, Volodymyr Kostelman is indicated as the ultimate beneficiary.
The registered capital of the company is UAH 32 million.

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