PJSC Kryukovsky Carriage Works (KVSZ, Poltava region) received UAH 81.08 million in net profit in 2024, while a year earlier the loss amounted to UAH 143.76 million, according to the agenda of the company’s annual general meeting of shareholders scheduled for April 21.
“According to the results of the company’s financial and economic activities in 2024, the profit amounted to UAH 81 million 082 thousand 307. Taking into account the income from the revaluation of actuarial liabilities, according to the calculation of an independent actuary, in the amount of UAH 9.642 million, to approve the total profit for 2023 in the amount of UAH 90 million 724 thousand 307,” the draft decision of the meeting states.
The profit is planned to be used to pay off losses for previous years, and no dividends will be accrued or paid.
According to the National Securities and Stock Market Commission (NSSMC), as of the third quarter of 2024, Estonian AS Skinest Finants and Osauhing Delantina own 25% of the shares of PJSC “KVSZ”, and Transbuilding Services Limited, registered in England, owns 20%.
At the same time, the list of shareholders includes Austrian OW Capital Management GmbH (controlled by Russian citizen Gamzalov) as the owner of 25% of the shares.
As reported, by a court decision of July 13, 2022, this stake was transferred to the National Agency for Finding, Tracing and Management of Assets Derived from Corruption and Other Crimes (ARMA), and in April 2023, it announced a competitive selection of a manager for this stake.
KVSZ lists its main owner as the chairman of the supervisory board and president, Volodymyr Prykhodko.
Kryukiv Carriage Works produces passenger and freight cars, regional diesel trains, high-speed interregional locomotive trains, spare parts and bogies for freight cars.
In 2024, the plant sold 1,096 thousand freight cars, which is almost 10% more than in pre-war 2021. The first 15 passenger railcars were also delivered to Ukrzaliznytsia under contracts for 66 units.
According to the Clarity-project resource, in 2024, KVSZ’s net income increased by 81% compared to 2023, to UAH 3 billion 767 million.
Heating boiler manufacturer Mayak Plant JSC (Mayak JSC, Zmiiv, Kharkiv region) plans to pay dividends to shareholders in the amount of UAH 1,023 thousand per share (par value UAH 1 thousand) for 2024.
According to the draft resolutions of the company’s general meeting of shareholders scheduled for April 21, dividends are to be paid between July 25 and October 25 this year.
The authorized capital of the company is UAH 210 thousand, divided into 210 shares. Thus, the total amount of dividends will be UAH 214.83 thousand.
According to the company, in 2024, its net profit amounted to UAH 0.215 million (UAH 4.61 million a year earlier), and retained earnings amounted to UAH 16.37 million. Net income per share amounted to UAH 1.024 per share (in 2023 – UAH 21.96 thousand).
Last year, the company’s assets increased by 10% to UAH 65.64 million, in particular, total receivables increased by 3.6% to UAH 10.1 million, inventories decreased by 26% to UAH 21.6 million, while cash and cash equivalents increased 2.5 times to UAH 24.5 million.
Over the year, Mayak JSC increased its current liabilities by 7.4% to almost UAH 6 million, while long-term liabilities more than quadrupled to UAH 7.4 million.
As reported, in 2023, the company paid dividends at the rate of UAH 2.195 thousand per share.
According to the National Securities and Stock Market Commission (NSSMC), as of the third quarter of 2024, 52.381% of the shares of Mayak Plant JSC are owned by CEO Oleksiy Mushtai, and 14.2857% each by Tetyana Samusenko and Zoya Garagata.
The Mayak plant was established in 1991 and produces household heating appliances under the Mayak brand.
According to Clarity-project, the company’s net income in 2024 decreased by 6% compared to 2023, to UAH 65.7 million.
PJSC “Meridian” named after Korolyov” (Kyiv), a part of the state concern ‘Ukroboronprom’, plans to allocate 30% or 70% of its net profit of UAH 11 million for dividends in 2024.
These two draft resolutions on dividend payments are on the agenda of the general meeting of shareholders scheduled for April 17.
If 30% of the net profit is allocated to dividends, they will be accrued in the amount of UAH 3.27 per share of UAH 0.5 par value, and 70% – UAH 7.65 per share.
The dividends are to be paid by July 1 this year.
As reported, in 2023, Meridian paid dividends to shareholders of UAH 11 million (90% of net profit of UAH 12.205 million) at the rate of UAH 10.90 per share.
According to the National Securities and Stock Market Commission (NSSMC), as of the third quarter of 2024, the state, represented by Ukroboronprom, owns 50%+1 share of PJSC Meridian named after Korolyov, and another 40.0753% is owned by Meridian Soyuz LLC, one of the beneficiaries of which, according to Clarity Project, is Vadym Hryb, co-owner of the Tekt investment company.
At the meeting, the shareholders also plan to change the type of company from a public joint-stock company (PJSC) to a joint-stock company (JSC) and re-elect the supervisory board, terminating the powers of the previous six-member board.
“Founded in 1953, Meridian is a diversified enterprise specializing in the development and serial production of electronic devices for various purposes, including radio measuring instruments: frequency meters, spectrum analyzers, and generators.
The company also performs galvanizing, laser cutting of metals, and plastic molding.
According to Clarity Project, the company increased its net revenue by 24% in 2023 to UAH 177.43 million, while net profit decreased by 27% to UAH 12.2 million.
The total dividends paid by the world’s largest companies by the end of 2024 amounted to $1.747 trillion, according to a report by UK-based Janus Henderson Investors.
This is a record and 6.6% higher than the previous year.
In 17 of the 49 countries whose representatives were taken into account in the study, dividend payments reached historic highs. These include the US, Japan, France and China.
The leaders in the amount of payments were Microsoft Corp., Exxon Mobil, HSBC, Apple Inc., China Construction Bank Corp., PetroChina Co., China Mobile, JPMorgan Chase & Co., Chevron Corp. and Johnson & Johnson, whose dividends totaled $145.9 billion (or 8.4% of the total). Next came Taiwan Semiconductor Manufacturing Company, Verizon Communications, Abbvie, Petroleo Brasileiro (Petrobras), BHP, Broadcom, Pfizer Inc., Procter & Gamble Co., Home Depot Inc. and Toyota Motor – their payouts totaled $101.7 billion.
Companies such as Meta, Alphabet Inc. and Alibaba declared their first-ever dividends last year.
About 88% of companies increased their payouts or kept them the same.
American companies increased dividends by 8.7% (up to $651.6 billion), Japanese companies – by 15.5% (up to $86 billion), European companies excluding Great Britain – by 5.6% (up to $313 billion), representatives of the Asia-Pacific region excluding Japan – by 2% (up to $163.5 billion).
In the fourth quarter, the world’s leading companies paid $371.7 billion in dividends, which is 7.3% higher than in the same period in 2023.
According to Janus Henderson’s forecast, by the end of 2025, the total amount of dividends paid globally will grow by 5.1% to $1.83 trillion, i.e. will once again renew the record.
Janus Henderson’s quarterly study, which analyzes global trends in dividend payments, takes into account data from 1.2 thousand of the world’s largest companies by market value. It has been conducted since 2009.
Production Enterprise Tekhmash JSC (Dnipro) plans to allocate UAH 5 million from retained earnings to pay dividends in 2024, at the rate of UAH 16,667 thousand per share with a par value of UAH 8.
According to the draft decision of the general meeting of shareholders scheduled for April 10, published in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), dividends are scheduled to be paid by October 10, 2025.
As reported, in 2023, the company also paid UAH 5 million in dividends from retained earnings.
“Tecmash does not provide financial indicators for 2024, but according to the Clarity Project, last year the company made a net profit of UAH 2.83 million (against UAH 0.19 million in 2023) with a 35% increase in net income to UAH 223.4 million.
Retained earnings at the beginning of the year amounted to UAH 66.74 million (UAH 76.13 million a year earlier).
As of the fourth quarter of 2024, 61% of the authorized capital of Tekhmash is owned by its director Oleksandr Kolomoitsyn, and four other individuals own 28% of the shares in total. The authorized capital of the company is UAH 2.4 million.
The main specialization of Tekhmash is the installation of technological equipment, pipelines, and the manufacture of equipment for various industries, including conveyors (scraper, belt, screw), capacitive equipment, metal structures, and aspiration air ducts.
At the beginning of 2024, it employed 229 people, down 23% from a year earlier.
At a meeting on February 17, the shareholders of Arsenal Insurance (Kyiv) decided to allocate UAH 50.1 million of profit for 2021 for dividends, according to the information disclosure system of the National Securities and Stock Market Commission (NSSMC).
The decision is enshrined in the minutes of the meeting of February 24, 2025.
According to the announcement, the amount of dividends per ordinary share will be UAH 167. Dividends will be paid directly to shareholders in proportion to the number of shares held by each of them in two stages: March 17 and April 22, 2025.
Arsenal Insurance is the legal successor of Arsenal-Dnipro, which has been operating in Ukraine since 2005. It is represented in all regional centers and some major cities of the country.
According to the National Bank of Ukraine, the company is among the top ten insurers in Ukraine in terms of premiums collected in the first nine months of 2024.