Private joint-stock company AVEC and Co. concern (Kharkiv) of businessman Oleksandr Feldman cut net loss by 12% in 2019, to UAH 133 million.
According to a company report in the information disclosure system of the National Securities and Stock Market Commission on the annual general meeting of shareholders scheduled for April 27, net loss per share in 2019 was UAH 16.41.
The uncovered loss in 2019 increased 11.1% compared to the previous year and amounted to UAH 1.32 billion.
The total accounts receivable of the company decreased 26.4%, to UAH 671.6 million. At the same time, the company’s noncurrent liabilities increased 19.7%, to UAH 1.34 billion, while current liabilities slightly decreased to UAH 1.31 billion.
At the end of 2019, the assets of the company increased 4.1%, to UAH 2.13 billion.
In addition, the shareholders intend to change the composition of the supervisory board, terminating the powers of the shareholders Viktor Larchenko, Oleksandr Feldman, Valeriy Bahinsky and Maksym Vodka.
PrJSC AVEC and Co. concern has been operating in the Ukrainian market since 1987. It specializes in retail and commercial real estate management (since 1994), development, financial activities, as well as transportation, media business and other spheres.
