JSC “DGM Group” (Dnipro), a producer of equipment for metallurgy, will pay out dividends for 2021 in the amount of 100 thousand UAH per share (par value UAH 95.01 thousand), having forwarded for this purpose 10 million UAH from the net profit.
According to the announcement on the web-site of the company, the decision was taken by the general meeting of shareholders on December 26. The dividends will be paid from January 19 to June 26, 2023.
According to the NCSSM for the third quarter of 2018, 56% of shares of JSC “DGM Group” belongs to Svetlana Alymova, 44% – Vasily Polishkevich. Gennady Alymov, the company’s director, does not own any shares.
There is no information on the amount of net profit received in 2021 on the company’s website and in the NCSSM’s disclosure system.
A year earlier, according to the agenda of the general meeting of shareholders for 2020, the net profit was 32.12 mln hryvnia, with 10 mln hryvnia planned for dividends, 9.5 mln hryvnia for the increase of the registered capital by increasing the share par value from 10 to 95.01 and 13.6 mln hryvnia planned to be left undistributed.
DGM Group specializes in design and manufacture of equipment for metallurgy industry (blast furnace, ferroalloy, sintering equipment, and hydraulic drives).
Among the foreign customers are Indian TATA Steel and TATA Metaliks, Essar Steel, ArcelorMittal Works in Ukraine and Mexico, Metso:Outotec (Finland), Rockwool (Denmark), Moldavian Steel Plant, TNK Kazchrome (Kazakhstan), as well as companies in Turkey, Norway, Germany, USA and Cyprus.
In particular, according to the company’s website, it has recently completed hot tests of a set of equipment for a ferroalloy furnace at Sarda Metals and Alloys in India. The project was launched in May 2021 – two sets of stationary opening and closing machines were made to service the new furnace.
According to the company’s last disclosed statements, its net income in 2020 was UAH 165.75 million.
Agro-industrial group of companies Ovostar Union, one of the leading egg and egg products producers in Ukraine, will pay EUR3.6 mln of interim dividends for 2022 based on EUR0.65/share, the company announced on the Warsaw Stock Exchange.
It is specified that the date for determining the right for the interim dividend will be January 13, 2023, and its payment will take place no later than January 27, 2023.
Ovostar Union Group is a vertically integrated public holding company, one of the leading producers of chicken eggs and egg products in Europe. The producer has been a certified exporter to the EU since 2015.
The group’s holding company, Ovostar Union N.V., held a 25% IPO on the Warsaw Stock Exchange in mid-June 2011 and raised $33.2 million. The majority stake in the company is owned by Prime One Capital Limited, which is controlled by its CEO Boris Belikov and Chairman of the Board Vitaliy Veresenko.
“Ovostar reported $1.65 million in net income for 2021, down 38 percent from 2020. Its EBITDA was down 29% to $5.7 million, while revenue increased 35% to $133.3 million.
Kernel, one of the largest Ukrainian agro-industrial groups, will not pay dividends for FY2022 (FY, July-2021-June-2022) due to the net loss of $41.1 mln incurred by the holding for the period.
According to the company’s announcement on the Warsaw Stock Exchange Tuesday night, the decision was made by the holding company’s shareholders at a meeting on Dec. 2022.
“Kernel Holding S.A. announces its annual general meeting of shareholders on Dec. 20, 2022, at which it declared a zero dividend for the fiscal year ended June 30, 2022,” the group said in a stock exchange statement.
“Kernel was the world’s number one producer of sunflower oil before the war (about 7% of world production) and its exports (about 12%), and was the largest producer and seller of bottled sunflower oil in Ukraine. In addition, the company was engaged in cultivation of other agricultural products and their realization.
The largest co-owner of Kernel, through Namsen Ltd. is Ukrainian businessman Andrei Verevskyi, with a 39.3% stake.
In FY2022 (July-2021 – June-2022), the holding posted net loss of $41 mln against $506 mln net profit in the previous FY. Its revenue decreased by 5% – to $5.332 bln, while EBITDA decreased 3.7 times – to $220 mln.
PJSC “Enterprise with foreign investment (EFI) “Intervzryvprom” (Gorishni Plavni, Poltava region) at the end of 2021 increased its net profit in 2.6 times compared with 2020 – up to 113.354 million UAH from 43.858 million UAH.
According to the company’s announcement about the annual meeting of shareholders, which will be held on December 27, the undistributed profits at the end of last year amounted to 72.175 mln hryvnia.
The draft decisions of the meeting proposed to the shareholders to approve the profit received in 2021 in the amount of 113,354 mln hryvnia. Of these UAH 40,879 mln to be used for paying off the losses of previous years, UAH 1 mln 599,9 thousand for the formation of the reserve capital of the company and UAH 70 mln 875,1 thousand to be left undistributed.
Not to pay dividends on the results of activity of PrJSC in 2021.
The stockholders will also summarize the results of the company’s activity for 2021, approve reports and approve major transactions.
As it was reported, in 2004-2005 Intervzryvprom put into operation at Poltava Mining and Processing Enterprise a technological line for production of emulsion and a mixing and charging machine which was purchased in the USA.
PJSC Intervzryvprom Foreign Investment Company (FIC) was founded in May 2001. It is engaged in the production of explosives.
According to the data of the National Tax Service as of the fourth quarter of 2021, PrJSC Ukrainian Financial Company and Intervzryvprom Ltd have 24.9981% each of the company’s shares, while M&Q Trading Limited and West Industrial Investment company Ltd (both in Cyprus) have 24.9972% each.
Intervzivprom Ltd. was registered in September 2000 with the registered capital of 1.5 million hryvnias. The company’s beneficiary Konstantin Nosov (Kiev) owns a 99.2% stake. Among its main activities is the production of explosives.
The registered capital of PJSC Intervzryvprom is UAH 10.666 mln, and the par value of its shares is UAH 100.
Fozzy Group PJSC (Vyshneve, Kyiv region), which is part of Fozzy Group trading and industrial group (TIG), is going to pay out UAH 120 mln in dividends to its shareholders in 2021.
According to the company’s announcement made by the National Securities and Stock Market Commission (SSMSC) about the December 12 annual general meeting of shareholders, the dividends will be paid on the basis of UAH 3.75 per one common registered share.
“Fozzy Group also plans to accrue reserve capital for 2020 in the amount of 540.1 thousand UAH, and for 2021 – 3.95 million UAH.
According to preliminary financial statements of the company, its net profit in 2021 increased 11 times compared with the previous year – up to 124.3 million UAH.
The total accounts receivable of PrJSC at the end of last year increased 1.7 times and amounted to 1.6 billion UAH. Current liabilities decreased by 3.3% to UAH 1.58 billion, while there were no long-term liabilities at the end of 2021.
Undistributed profits last year amounted to UAH 137.3 mln.
The total assets of Fozzy Group at the end of 2021 amounted to UAH 3.67 billion.
As reported, Fozzy Group ended 2020 with a net profit of 8.6 million UAH, while in 2019 received a net loss of 5 million UAH.
PJSC Fozzy Group was founded in 2005. According to the NCSSM, its shareholder is Fozzy Group LLC (98.7%). Vladimir Kostelman is listed as the ultimate beneficiary.
Fozzy Group is one of the biggest Ukrainian retailers with more than 690 outlets all over the country. The company develops retail chains of different formats: Silpo supermarkets, Fozzy Cash&Carry wholesale hypermarkets, Fora convenience stores, Thrash! discounters, Bila Romashka pharmaceutical supermarkets, Ringoo personal electronics stores.
Ovostar Union Agro-Industrial Group, one of the leading producers of eggs and egg products in Ukraine, will not pay dividends for 2021, and will use retained earnings for the year in the amount of $1.65 million to replenish working capital.
The company’s shareholders approved the corresponding decision at the annual meeting on August 3, Ovostar said at the Warsaw Stock Exchange on Thursday.
In addition, the shareholders decided to limit the total remuneration paid to top management in 2022 at the level of EUR500 thousand.
The Ovostar Union group of companies is a vertically integrated public holding company, one of the leading producers of chicken eggs and egg products in Europe. It has been a certified exporter to EU countries since 2015.
The holding company of the group is Ovostar Union N.V. – in mid-June 2011, it conducted an IPO of 25% of the shares on the Warsaw Stock Exchange and raised $33.2 million. The majority stake in the company is owned by Prime One Capital Limited, which is controlled by its CEO Boris Belikov and Chairman of the Board of Directors Vitaly Veresenko.
At the end of 2021, Ovostar received $1.65 million in net profit, which is 38% less compared to 2020. EBITDA decreased by 29% to $5.7 million, while revenue increased by 35% to $133.3 million.
