Bashtanka Cheese Factory (Mykolaiv region), one of the largest cheese making enterprises in Ukraine, in 2018 saw a net profit of UAH 24.06 million, which is 1.9 times less than a year earlier. According to a company report in the information disclosure system of the National Securities and Stock Market Commission, its net income last year increased by 20.9%, to UAH 1.024 million.
The gross profit of Bashtanka Cheese Factory over the year rose by 10.6%, to UAH 182.67 million, operating profit fell by 13.9%, to UAH 63.8 million.
In 2018, the company sold products for UAH 1.02 billion, in particular hard cheese for UAH 417.48 million, in natural terms some 4,140 tonnes. Of the total volume of products sold, exports accounted for 4%.
Bashtanka Cheese Factory is part of Milk Alliance, established in June 2006 as a holding company with a charter capital of UAH 23.5 million and a balance 99.9% consisting of long-term financial investments.
The mobile communications operator lifecell in January-March 2019 increased net loss by 49.94%, to UAH 267.2 million compared with UAH 178.2 million in January-March 2018, according to the financial statement of the parent company, Turkcell (Turkey) posted on its official website. According to the report, the operator’s revenue in the first quarter increased 17.2%, to UAH 1.42 billion, and earnings before interest, taxes, depreciation and amortization (EBITDA) – 61.5%, to UAH 815.5 million. At the same time, EBITDA margin increased 15.8 percentage points, to 57.6%.
Revenue of lifecell (Ukraine) grew by 17.2% year on year in 2019 in local currency, mainly thanks to increased revenues from mobile data transfer with an increase in 4.5G users and data users, the Turkcell said in the report.
The active subscriber base of lifecell for the first three months of 2019 decreased 10.4% compared with the first quarter of 2018 and amounted to 6.9 million users. At the same time, the average revenue per user (ARPU) of the active subscriber base increased 29.8%, to UAH 66.7.
Capital investments of the operator for the specified period amounted to UAH 357.8 million, which is 86.2% less than in the same period of 2018.
According to the report, the number of 4.5G users in the first quarter of 2019 was 36% of the total number of users of mobile data, and the penetration rate of smartphones by the end of March reached 77% (70% as of the end of the first quarter of 2018).
The lifecell operator is the third largest operator of mobile communications in Ukraine.
Shebelynka gas processing plant (Kharkiv region) in January-March 2019 increased processing of crude oil by 6% (by 7,000 tonnes) compared to the same period in 2018, to 122,800 tonnes.
The Ministry of Energy and Coal Industry told Interfax-Ukraine, in March 2019 processing at the plant amounted to 44,700 tonnes, which is 25.9% (9,200 tonnes) more than in the same month last year.
For the three months, the plant increased production of petrol by 53% (by 14,000 tonnes), to 40,400 tonnes, fuel oil by 31.5% (by 2,300 tonnes), to 9,600 tonnes, but reduced diesel fuel by 20.3% (by 4,700 tonnes), to 18,400 tonnes.
The loading of the plant’s capacity for the first quarter of this year was 49.1% against 46.3% in January-March 2018.
In Ukraine the prices of vegetables for borsch (onions, potato, carrots, beets and other vegetables) would fall by around 90% in a year, if in the period of growing the new harvest no weather irregularities are recorded, experts from the EastFruit news and analytical platform have said. According to a report on the website of EastFruit, the reason for the rapid growth of prices for vegetables this season was the small harvest due to weather conditions.
In addition, the rise in prices was due to the fact that many Ukrainian vegetable growers went out of business in 2018 or sharply reduced the areas with vegetables after several years of low prices for the entire range of borsch vegetables, EastFruit Project Manager Kateryna Zvereva said.
“The reason was simple: Ukraine’s vegetable production lost access to the two main markets for traditional vegetables with shortest supply: Crimea and Donbas. It was there that products were not grown enough, prices were high, and there were many consumers,” EastFruit said.
At the same time, according to EastFruit, this season, the area with vegetables, in particular with the onion, will increase significantly, and if there is no abnormal heat and drought in the summer, then next year we can expect overproduction and lower prices.
According to EastFruit, Ukraine usually covers a shortage of vegetables by exports from Poland and other EU countries, but this year there is also a shortage of vegetables in the EU.
As a result, Ukrainian vegetable importers first began to buy vegetables (primarily onions) in Central Asian countries, but logistics from these countries is expensive, which affected the price for consumers this season, EastFruit said.
PJSC Kriukov Car Building Works (KCBW, Kremenchuk, Poltava region) sent 41.2% or UAH 200.689 million of net profit (UAH 487.25 million) to pay dividends for 2018, which equals to UAH 1.75 per share with a face value of UAH 0.75. The decision was made at a general meeting of the company’s shareholders held on April 23, 2019.
As reported, with reference to Head of the supervisory board of KCBW Volodymyr Prykhodko, in the past six years, KCBW has not paid dividends. In 2017, after several years of unprofitable business (including due to Russia’s cancellation of KCBW wagon certification), the plant received a net profit of UAH 332 million, but did not pay dividends.
The charter capital of KCBW is UAH 86.01 million, divided into 114,679,552 ordinary registered shares.
According to the company, as of March 31, 2019, the shareholders of PJSC are Estonian AS Skinest Finants (25% of the share capital) and Osauhing Delantina (25%), OW Capital Management GmbH (Austria, 25%) and U.K. registered Transbuilding Service Limited (19.17%).
At the same time, according to the report, the beneficial owners (controllers), who own more than 90% of the company’s shares, are Head of the supervisory board Prykhodko, N. Prikhodko (coincides with the initials of his wife), as well as Estonian businessman Oleg Osinovsky and Chairman of the Board of Directors of the Russian manufacturer of wagons Metalwork Plant (Saratov region) Stanislav Gamzalov.
State property worth UAH 1 billion was sold through the ProZorro electronic trading system in the framework of small-scale privatization in Ukraine, according to the ProZorro page on Facebook. According to the report, since the launch of small privatization, 813 successful auctions have been held through the electronic system, which brought the State Property Fund of Ukraine more than UAH 476 million, and municipalities some UAH 562 million.
“The objects of small privatization are in a high demand – an average of 2.7 participants compete for each lot. And the average increase in the starting sale price is 61.24%,” the report says.
“We beat a good figure in small privatization – UAH 1 billion for taxpayers in Ukraine. The practical result of the work of ProZorro.Sale. If after Maidan we did just that, I would have already considered that it was not for nothing that I came to work in government agencies,” First Deputy Economic Development and Trade Minister of Ukraine Maksym Nefyodov said on Facebook.
