Business news from Ukraine

Business news from Ukraine

Shareholders of “Litinsky” Breeding Farm to Consider Retaining UAH 137 Mln in Profits

Shareholders of PJSC “Litinsky Breeding Farm” (Vinnytsia region) will consider the issue of retaining undistributed net profit for 2025 in the amount of UAH 137.44 million at the annual remote general meeting on April 30, the company reported in the NSSMC’s information disclosure system.

According to the draft resolutions, shareholders are being asked to approve the reports of the management board and supervisory board for 2025, to deem their work satisfactory, and to approve the annual financial statements and the company’s operating results. In connection with the proposal not to distribute the profit earned, there are no plans to approve the amount of annual dividends.

In addition, shareholders intend to grant preliminary consent for the company to enter into significant transactions related to the issuer’s financial and economic activities. These include purchase and sale agreements, contracts for the performance of work, or the provision of services, the value of which exceeds 25% of the company’s assets, with a maximum aggregate value of UAH 5 billion.

According to Opendatabot, in 2025, PJSC “Litynsky Breeding Farm” increased its revenue by 36.5% to UAH 523.29 million and its net profit by 19.2% to UAH 137.44 million. The company’s debt obligations for the past year increased by 26.2% to UAH 275.69 million, while assets rose by 30.5% to UAH 788.82 million.

PJSC “Litynsky Breeding Farm” was founded in 1964 in the village of Hromadske, Litynsky District, Vinnytsia Region. The farm is engaged in the breeding of young cattle and pigs; the cultivation of grain, fodder, and oilseed crops, as well as sugar beets; the production of milk, meat, and other industrial and agricultural products; the production of seeds of purebred and hybrid grain varieties; and the production and sale of flour, cereals, and other products. The main market is agricultural enterprises in Ukraine, which purchase breeding animals for further breeding.

The ultimate beneficial owner of the company is Vyacheslav Moskalevsky, who directly and through PJSC “ZNVKIF ”Konditerinvest” controls nearly 100% of the shares. Moskalevsky, who served as a key manager at the Roshen corporation for 29 years, became the head of the breeding farm’s board in May 2025.

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