Business news from Ukraine

Business news from Ukraine

Lvivmetal doubled its net profit in 2024

28 March , 2025  

Lvivmetal PJSC doubled its net profit in 2024 compared to the previous year – up to UAH 451.158 thousand from UAH 224 thousand.

According to the agenda of the general meeting of shareholders of the company scheduled for April 29, which will be held remotely, published in the NSSMC information disclosure system, it is planned to consider the report of the CEO on the results of the Company’s financial and economic activities for 2024 and make a decision based on the results of its consideration.

The agenda also includes consideration of the report of the Supervisory Board of the Company for 2024, approval of the results of financial and economic activities and the annual report of the Company for 2024, approval of the procedure for distributing profits for 2024.

In addition, the meeting will preliminarily give its consent to enter into significant transactions.

The draft resolutions, a copy of which is available at Interfax-Ukraine, propose to allocate the profit for 2024 in the amount of UAH 451,158 thousand for the development of the company.

Lvivmetal started operating in the rolled metal market in 1954. In 2002, the company bought 4 warehouse sections and completed an administrative building in 2006. Currently, it leases non-residential office space and warehouse space on the territory.

According to the third quarter of 2024, individual Oleg Gildin owns 80.6196% of Lvivmetal’s shares.

The company’s authorized capital is UAH 2.279 million, with a par value of UAH 0.25 per share.

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