Shareholders of Sukhaya Balka mine (Krivoy Rog, Dnipropetrovsk region), which is part of Oleksandr Iaroslavskyi’s DCH group, have allocated UAH 1 billion 4.865 million from retained earnings for 2008, 2010 and 2011 for dividends.
According to the minutes of the extraordinary meeting of shareholders held remotely on July 10, a copy of which is available to Interfax-Ukraine, the payment of dividends to shareholders of the company for 2008, 2010, 2011 is made at the rate of UAH 1.2 per common share, including: 0.24 UAH for 2008, 0.23 UAH for 2010 and 0.73 UAH for 2011.
It is specified that a part of net profit received by the company by results of activity in 2008 in the amount of UAH 200 mln 973.01 thou., from profit for 2010 – UAH 192 mln 599.14 thou., from profit for 2011 – UAH 611 mln 292.91 thou. will be directed to dividends.
Sukhaya Balka mine is one of the leading mining companies in Ukraine. It extracts iron ore by underground mining. The mine includes Yubileynaya and Frunze mines. Frunze.
DCH Group acquired the mine from Evraz Group in May 2017.
According to NDU data for the first quarter of 2023, Yaroslavskyi, who is designated as a non-resident of Ukraine (UK citizen – IF-U), directly owns 77.4193% of the mine’s shares, while resident individual Artem Alexandrov owns 20%.
The authorized capital of Sukhaya Balka PJSC is UAH 41.869 mln, the nominal value of a share is UAH 0.05.
Energy Company of Ukraine” (“EKU”) has transferred about UAH 17 mln to pay dividends for 2022.
As noted in the release of the company on July 4, this is the first dividends received by the state from the new energy trading company, which began its commercial activities in August last year.
It is indicated that the net profit of EKU for the five months of 2022 amounted to 33.9 million UAH.
According to the decisions of the government and the State Property Fund (SPF) of Ukraine, to which the state company is subordinated, 50% of this amount shall be used to pay dividends, 30% – to counteract the armed aggression of the Russian Federation, and 20% – for the costs provided for by the financial plan of the company for 2023, the company explained.
Thus, in total, “EKU” will allocate 27 million UAH to the budget and to the fight against the Russian Federation.
“In a short time we managed to build a capable company from scratch and reach the planned level of profit. The state has strengthened its position in the energy market and began to earn in highly competitive segments, where it was almost not present before”, – commented the general director of “EKU” Vitaly Butenko, whose words are given in the release.
As Ukrainian News earlier reported, JSC Energy Company of Ukraine (EKU) is a diversified energy supplying company, which deals with buying, selling and supplying energy resources to commercial customers, including import and export operations. 100% of the company’s shares are owned by the state.
May May Mayak plant (Zmiev, Kharkiv oblast), a producer of central heating boilers, will pay out dividends for 2022 in the amount of UAH 2.896 thousand per one share with a par value of UAH 1 thsd during May 25 – October 25 of this year.
According to the company message in the information disclosure system of the National Securities and Stock Market Commission (NSCM), this was decided by a general meeting of shareholders on April 25.
According to the company, it ended the year 2022 with a net profit of UAH 12.16 mln, while a year earlier it amounted to UAH 0.46 mln. Only UAH 608,16 thousand were directed for payment of dividends.
The registered capital of JSC “Mayak plant” is 210 thousand UAH, which is divided into 210 shares. The net profit per one common share in 2022 amounted to 57,91 thousand UAH.
According to the Commission for the fourth quarter of 2022, 52,381% of the shares belongs to its director Alexei Mushtay, Tatiana Samusenko and Zoya Garagata own 14,2857% each.
According to the information on the web-site of the company, it was founded in 1991 and is one of the leading domestic manufacturers of household heating equipment (solid fuel, gas, electric boilers, radiators), designed for heating individual houses, apartments and industrial facilities.
The plant has 30 regional offices in Ukraine.
According to the resource opendatabot, in 2022, the company’s net income grew by 27.2% YoY, to 91.22 mln hryvnia.
PJSC Kharkiv Tile Plant will allocate UAH 20 mln from its net profit for 2021 to pay dividends.
According to the company message in the information disclosure system of the National Securities and Stock Market Commission (NSCSCM), the decision was taken by PJSC shareholders at the annual general meeting on April 27.
The dividends will amount to UAH 0.01 per common share. The payment period will be from May 12 till November 12, 2023.
At the same time it was decided not to pay dividends for the company in 2022, and to direct the profits earned last year to the restoration of fixed assets of PJSC.
At the meeting the shareholders re-elected Valentin Shevetovskiy as the head of the supervisory board, as well as the members of the board – Oleksiy Isayenko and Dmytro Salimonov – for a three-year term.
As reported, PJSC “Kharkiv Tile Plant” by the end of 2022 reduced the net profit in 11 times compared with the previous year – up to 6.4 million UAH, while in 2020 the profit was 72.5 million UAH, in 2019 – 94 million UAH.
The Kharkiv Tile Plant (KhPZ), the largest tile manufacturer in Ukraine, was commissioned in 1946. It is part of Golden Tile Ceramic Group (Kyiv), established in 2008, which also includes Shakhtobud Production Association LLC (Verolyubivka, Donetsk oblast), Maidan-Vilsky Quarry LLC, Maidan-Vilsky Refractories Plant LLC (both in Khmelnytsky oblast) and Golden Tile LLC (Kyiv, exclusive distributor of KhPZ).
The main shareholder of the company, according to the National Commission on Securities and Stock Market, is Golden Tile Ceramic Group LLC (98.4%) as of the fourth quarter of 2022. The ultimate beneficiary of KHP is Valentin Shevetovsky.
PJSC Kharkivenergosbyt, which is managed by the State Property Fund of Ukraine (SPFU), will pay 64.2 million UAH in dividends to the state for 2022, which is six times more than in 2021.
“This decision was made by the general meeting of shareholders of Kharkovenergosbyt on April 24, 2023. Payment of dividends will take place through the depository system of Ukraine,” – reported on the website of the FGIU.
According to the fund, the amount of net profit of “Kharkovenergosbyt” for 2022 amounted to 198 million UAH and according to the decision of the general meeting, it will be distributed as follows: 50% – is directed to the payment of dividends to shareholders, 10% – on the costs provided by the financial plan for 2023, 10% – transferred to the reserve capital and another 30% – in other funds of the company.
“Today the state owns 65% of the company. “Kharkovenergosbyt” supplies electricity to 1.25 million household consumers. Despite the difficult situation in Kharkiv and constant enemy fire, during 2022 the company supplied 2,213.7 thousand megawatt-hours of electricity to consumers,” – said the FGIU.
At the same time, because of late payments by consumers for electricity at the plant at the beginning of 2023, there were receivables of 3.46 billion UAH. In addition to the population among the largest debtors are utilities Kharkivvodokanal, Zhilkomservis and Kharkiv Metro.
“These debts prevent Kharkivenergosbyt to pay for electricity on time further down the chain. Therefore now the company together with the SPFU is working on an action plan that will change the situation for the better, “- summed up in the Fund.
The state, represented by the SPFU, owns 65% of PJSC Kharkivenergosbyt. Another 29.79% of shares were owned by Smart Holding of Vadim Novinsky.
In mid-January 2023, Smart Holding announced a change of ownership.
“As part of the restructuring, Smart Holding founder Vadim Novinsky decided to transfer the assets to a trust. Corresponding agreements Smart Trust and Step Trust were concluded in November 2022 and registered by the Cyprus Securities and Exchange Commission,” – said in a message on the website of the holding.
Shareholders of agroholding Astarta will consider paying a dividend of EUR0.5 per share for 2022, worth EUR12.5 mln, the company said in a statement on the Warsaw Stock Exchange.
According to the statement, the distribution of profits for the previous year will be discussed at the May 24 shareholder meeting, which will be held on April 19.
In addition, shareholders are expected to instruct the board to hold talks with the company’s current auditor, PricewaterhouseCoopers, and its competitors, Ernst & Young, KPMG, Deloitte & Touche and Baker Tilly, and, depending on the outcome, appoint one of these firms as external auditor.
As reported, Astarta first paid a EUR12.155 million dividend in June 2021 based on its 2020 performance in the same amount as currently proposed – EUR0.5 per share. In the military year 2022, the company refused to pay them.
Agropromholding Astarta, the largest sugar producer in Ukraine, received EUR65.16 million in net profit in 2022, down 46.8% from 201.
Holding EBITDA last year decreased by 23.2% – to EUR154.77 mln, while revenues increased by 3.8% – to EUR510.07 mln.
Astarta shares rose 1 percent last Friday to PLN30.45 per share (about EUR6.6 per share).
“The company’s policy is to pay dividends at a level consistent with the Group’s growth and development plans, while maintaining a reasonable level of liquidity. The dividend policy will, however, be reviewed from time to time and the payment of any future dividends will actually be at the discretion of the general meeting of shareholders upon recommendation of the board of directors and taking into account various factors, including business prospects, future earnings, cash requirements, financial situation, expansion plans and Cyprus law requirements,” the company said in the dividend policy.
