Inhulets Mining and Processing Plant (Kryvy Rih, Dnipropetrovsk region), part of Metinvest Group, in 2020 increased output of iron ore concentrate by 4% compared to 2019, to 12.858 million tonnes.
According to the audited consolidated financial results released by the company on Tuesday, work was carried out last year to modernize the transport infrastructure.
Completion of the construction of a new cyclical flow technology at Inhulets plant is planned in the second half of 2021.
The enterprise specializes in extraction and processing of ferruginous quartzites of Inhulets deposit, located in the southern part of the Kryvy Rih iron ore basin. It produces two types of iron ore concentrate with an iron content of 64.8% and 67%.
The production capacity is 14 million tonnes of iron ore concentrate per year.
Inhulets Mining and Processing Plant is part of Metinvest Group, the main shareholders of which are PrJSC System Capital Management (SCM, Donetsk, 71.24%) and the Smart-Holding (23.76%).
Metinvest Group’s management company is Metinvest Holding LLC.
KSG Agro agricultural holding increased its land bank by 6.7%, to 23,900 hectares, the company’s press service said on Wednesday.
According to the report, the agricultural holding has increased its land bank due to 1,500 hectares of land shares in village Strilkove (Henichesk district, Kherson region), where it plans to grow crops.
The exact names of the products are not indicated.
The vertically integrated holding KSG Agro is engaged in pig breeding and production, storage, processing and sale of grain and oilseeds.
Over the nine months of 2020, the agricultural holding posted $4.77 million in net profit, which is 52% less than in the same period in 2019, revenue decreased by 17%, to $14.67 million.
National bank of Ukraine’s official rates as of 18/02/21
Source: National Bank of Ukraine
Kyivstar increases income by 12.4%, EBITDA by 15.6% in 2020
The net income of Kyivstar over 2020 amounted to UAH 25.158 billion, which is 12.4% more than in 2018.
According to the company, the operator’s income from mobile services grew by 12%, to UAH 23.418 billion, and from fixed-line services by 18.7%, to UAH 1.602 billion.
In addition, EBITDA last year increased by 15.6% and amounted to UAH 16.979 billion, while EBITDA margin increased by 1.9 percentage points to 67.5%.
Capex (excluding licenses and leases) for the year increased by 22.1% and amounted to UAH 4.851 billion.
Kyivstar’s total mobile customer base in the fourth quarter of 2020 decreased by 1.3% compared to the same period in 2019, to 25.9 million, while the number of fixed-line subscribers increased by 10.9%, to 1.1 million.
“Kyivstar’s total mobile customer base showed a y-o-y decline of 1.3%, to 25.9 million users due to the decline of second SIM cards in the market and lower gross additions during lockdown when the strict measures resulted in the partial closure of Kyivstar stores,” the company said.
According to Kyivstar, in the fourth quarter of 2020 the number of mobile Internet users reached 17.1 million, which is 1.3% more than in the fourth quarter of 2019. At the same time, the number of subscribers using 4G Internet increased by 30% over the year. The growth in the 4G users and the associated increase in data usage contributed to an ARPU increase of 16,9%, to UAH 80 y-o-y.
Users in 2020 increased the usage of mobile Internet and voice services. Thus, in the fourth quarter of 2020, the average consumption of data traffic per subscriber was 6.1 GB, which is 43% more than a year earlier.
Usage of voice traffic per subscriber for the specified period amounted to 651 minutes, or 12.7% more than in the same period last year.
In the fourth quarter of 2020, the operator’s income increased by 15.2%, to UAH 6.697 billion. Of these, UAH 6.229 billion accounted for income from mobile services (more by 15%), and UAH 430 million for income from fixed-line services (more by 21.3%). EBITDA during this period increased by 10.4%, to UAH 4.452 billion, the margin decreased by 2.8 percentage points, to 66.5%.
Capital investments in the fourth quarter of 2020 amounted to UAH 1.251 billion, which is 25.9% more than in the fourth quarter of 2019.
Over the past year, Kyivstar transferred taxes and other payments to the state budget for a total of UAH 9.3 billion.
In addition, since the beginning of the COVID-19 pandemic, Kyivstar has provided assistance to society and subscribers for UAH 80 million – free communication services, benefits for health workers, the purchase of ventilators for a number of medical institutions, and much more.