In January-September of this year, PJSC Industrial and Manufacturing Enterprise Kryvbasvibuhprom increased its net profit by 87.5% compared to the same period last year, from UAH 100.328 million to UAH 188.105 million.
According to the company’s interim report, revenue for this period increased by 24.9% to UAH 1 billion 345.556 million.
Undistributed profit at the end of September 2025 amounted to UAH 747.398 million.
In 2024, the company received a net profit of UAH 153.893 million compared to UAH 95.121 million in 2023.
Kryvbasvibuhprom provides blasting services in the quarries of mining companies in Ukraine. It is a large manufacturer of emulsion and non-water-resistant explosives. The company’s technological chain includes storage, processing, transportation, and blasting operations.
According to the NDU for the second quarter of 2025, Quarex Ltd (Cyprus) owns 93.16% of the company’s shares, and UMG Investments of the SCM Group owns 6.56%.
The authorized capital of Kryvbasvibuhprom is UAH 97.022 million, with a share par value of UAH 1.
