Novovolynsk Foundry (Volyn Region) increased its net loss by 36% year-on-year in 2021 to UAH 25.3 mln from UAH 18.599 mln.
According to the company’s December 8 annual shareholders meeting announcement, its retained earnings by the end of last year amounted to 137.868 mln hryvnia.
The shareholders at the meeting intend to summarize the results of work in 2021, define plans for 2022 and elect a new composition of the supervisory board of the company.
It is suggested to pay off the loss for 2021 at the expense of profit of previous years.
As reported, the plant ended 2020 with a net loss of 18.539 million UAH, while in 2019 received a net profit of 35.877 million UAH.
The plant specializes in the production of high quality steel and iron castings for mechanical engineering.
According to the NDU for the fourth quarter of 2021, Dnister-M LLC (Lviv region) owns 84.6099% of Novovolynsk Casting Plant PJSC.
The authorized capital of the company is 1 million 568.06 thousand UAH, the par value of the share is 0.25 UAH.
Specialists of the governmental team of response to computer emergency events in Ukraine CERT-UA warn of the mass distribution of emails with malicious links, allegedly on behalf of the State Service for Special Communications and Information Protection of Ukraine.
“If you click on a link from an email, a RAR archive will be created on your computer (for example, 11/08/2022.rar) containing a shortcut file called “VBI tools with an expert opinion on compliance with the requirements of technical information protection”. lnk”. Opening this file will lead to the download of malware, including those that steal data,” the message said on Wednesday.
According to him, experts associate such activity with a group of hackers UAC-0010 (Armageddon).
“At the end of October, malicious emails were sent out on behalf of a number of structures in the security and defense sector – the press service of the General Staff of the Armed Forces of Ukraine and the Security Service of Ukraine. Therefore, it is possible that hackers can use such a “cover” in the future,” CERT experts noted. -UA.
As reported, the hacker group UAC-0010 (Armageddon) is associated with the FSB of the Russian Federation. Since the beginning of Russia’s full-scale military invasion of Ukraine, they have been on the list of the most active groups attacking Ukraine.
PJSC “Ukrainian Graphite” (Ukrgraphite, Zaporizhia) in January-March of the current year received a net profit of UAH 1.649 mln, while the company finished the similar period of the last year with a net loss of UAH 111.830 mln.
According to the interim report of the company, over this period net income decreased by 7.4% – to UAH 491.581 mln.
Undistributed profits made up UAH 3 bln 528.788 mln at the end of March 22.
As it was reported, in 2021, Ukrgraphit increased its loss by 2.2 times compared to the previous year – up to UAH 317.514 mln from UAH 144.408 mln.
“Ukrgraphite is Ukraine’s leading producer of graphitized electrodes for electric steel-making, ore-thermal and other kinds of electric furnaces, commodity carbon masses for Soderberg electrodes, carbon-based lining materials for metallurgical, machine-building, chemical and other industrial complexes.
According to the National Depository of Ukraine (NDU) as of the fourth quarter of 2021, Intergraphite Holdings Company Limited (Bermuda) owns 23,9841% of PrJSC, C6 Safe Group Limited (Cyprus) – 72,0394%.
The authorized capital of PrJSC – 233,959 million UAH, nominal value of 1 share – 3,35 UAH.
Western European stock indexes are falling in the course of trading on Wednesday, investors took a wait-and-see attitude ahead of the final results of the US congressional elections.
According to preliminary media forecasts, the Republican Party will almost certainly regain the majority in the House of Representatives, while the battle for the Senate continues with approximately equal chances of victory for both parties.
That said, Democrats need 50 seats to win a majority in the upper chamber, while Republicans need 51, as Vice President Kamala Harris, who is from the Democratic Party, has the deciding vote in the absence of a majority in both parties.
The Stoxx Europe 600 composite index of the region’s largest companies was down 0.66 percent at 418.81 points by 11:50 a.m.
The British FTSE 100 stock index was down 0.32%, the German DAX was down 0.76% while the French CAC 40 was down 0.45%. Italian FTSE MIB and Spanish IBEX 35 are losing less than 0.1%.
In addition, market participants are waiting for the data on inflation in the U.S. in October, which may affect the Fed’s policy. The report will be published on Thursday, and analysts polled by Trading Economics on average expect it to indicate a slowdown in inflation in October to 8% from September’s 8.2%.
Also Wednesday, it was reported that inflation in China slowed in October to its lowest level since May. Consumer prices (CPI) rose 2.1% year on year last month after climbing 2.8% in September, while analysts on average had expected a more moderate slowdown to 2.4%.
Compared with the previous month, consumer prices in the PRC rose 0.1% in October after rising 0.3% a month earlier. Experts predicted that the growth rate will remain at the September level.
Shares of adidas AG are down 0.1%. The world’s second-largest sporting goods manufacturer cut its net profit nearly threefold in the third quarter despite a revenue increase and worsened its full-year forecast for the fourth time since the start of the year.
British department store chain Marks & Spencer Group Plc (M&S) was down 6.2%, although it boosted its pretax profit in the first half of fiscal 2023 and reaffirmed its full-year guidance.
Commerzbank AG’s capitalization is also down 6.2%. Germany’s second-largest bank cut net income and revenue in the third quarter of fiscal 2022, though both were better than analysts’ expectations.
The leader of growth among Stoxx 600 components are shares of Evotec SE, a German pharmaceutical company, which fell 9% on news about the company receiving a net loss for the first nine months of this year.
The most active growth in the index is demonstrated by securities of Swedish energy company Orron Energy (+3.8%) and German military-industrial company Rheinmetall AG (+3.6%).
Fifty-one universities from Ukraine have been selected for funding under the European Union’s Erasmus+ program, the Ministry of Education and Science reports.
“Thirteen projects involving 51 universities and other organizations from Ukraine have been selected for funding under the European Union’s Erasmus+ program for capacity development in higher education. A total of 145 projects won the competition,” the Ministry’s press service said in a statement.
It is noted that Ukraine has the largest number of projects in the Eastern Partnership region and is one of the top 12 countries participating in the program.
It is expected that the projects will contribute to the reforms of higher education in Ukraine based on the leading practices and experience of partners from the universities of the EU member states.
According to the report, the grant-coordinators of the projects are four Ukrainian universities: Bukovinian State Medical University, National University “Lviv Polytechnic”, State University “Zhytomyr Polytechnic”, Black Sea National University named after Petro Mohyla.
Also the partnership brings together 6 displaced universities from the temporarily occupied territories, five universities are partners in three projects: Melitopol State Pedagogical University named after Bogdan Khmelnitsky (displaced), National University “Chernihiv Polytechnic”, National Technical University “Dniprovska Polytechnic”, National University “Lviv Polytechnic”.
“Among the financed projects are 9 national and 4 international. Among project teams – 65 partners from 24 countries representing Austria, Albania, Belgium, Armenia, Greece, Georgia, Estonia, Spain, Italy, Kazakhstan, Latvia, Lithuania, Moldova, Germany, Poland, Portugal, Slovakia, Slovenia, Turkey, Uzbekistan, Croatia, Czech Republic, Montenegro, Sweden,” the report says.
“Erasmus+” is a program of the European Union, which through the support of lifelong learning works for the educational, professional and personal development of citizens of the European Union and beyond in education, training, youth and sports.
The exchange rate of US dollar weakly changes on Wednesday morning against major world currencies as investors await the outcome of the mid-term elections to the U.S. Congress.
The ICE index which shows the trend of the US dollar against six currencies (euro, Swiss franc, yen, Canadian dollar, British pound and Swedish krona) is growing by less than 0.1%. Over the past three sessions, the indicator has fallen nearly 3%.
The euro/dollar pair was trading at $1.0073 by 7:55 a.m. qtr. versus $1.0075 at the close of Tuesday’s session.
The dollar/yen is up less than 0.1% at 145.77 yen from 145.69 yen at the end of last session.
The pound is trading at $1.1541, up from $1.1546 at the close of previous trading.
The Republican Party is expected to outperform Democrats in the midterm elections for U.S. Congress, according to U.S. media forecasts. According to CNN’s preliminary forecast, Republicans hold 176 seats in the U.S. House of Representatives, while Democrats have 121 seats. Politico predicts 158 seats for Republicans and 99 for Democrats. One party needs 218 seats out of 435 to control the House of Representatives.
In the Senate election, CNN and Politico predict that Republicans and Democrats are tied at 46 seats each. Republicans need 51 seats to control the Senate – with Vice President Kamala Harris, who is from the Democratic Party, having the right to vote in controversial situations.
In addition, market participants are waiting for data on October inflation in the U.S., which may influence the Fed’s decision. The report will be released Thursday, and analysts polled by Trading Economics on average expect it to point to a slowdown in inflation in October to 8% from September’s 8.2%.
Meanwhile, the mainland yuan gained 0.1% to 7.2445 per $1, while the offshore yuan, which is traded in Hong Kong, strengthened 0.2% to 7.2459 per $1.
China’s inflation slowed in October to its lowest level since May, we learned Wednesday. Consumer prices (CPI) rose 2.1 percent year on year last month after climbing 2.8 percent in September, while analysts on average had expected a more moderate slowdown to 2.4 percent.
Compared with the previous month, consumer prices in the PRC rose 0.1% in October after rising 0.3% a month earlier. Experts predicted that the growth rate would remain at the September level.
