PJSC Donbasenergo will send 30% (UAH 8.727 million) of the net profit received at the end of 2020 to pay dividends, the company has told Interfax-Ukraine, referring the results of the shareholders’ meeting held on Monday. Another 70% of last year’s profit will be channeled to the production development fund.
As reported, PJSC Donbasenergo saw a net profit of UAH 29.09 million in 2020 versus UAH 69.997 million of a net loss in 2019.
Donbasenergo owns Starobesheve TPP (located in the occupied territory) and Sloviansk TPP with a total installed capacity of 2.88 GW, including the capacity of Sloviansk TPP of 880 MW. In March 2017, the generating company announced the loss of control over the Starobesheve TPP, as well as part of the structural units located in the temporarily uncontrolled territory.
PJSC Energoinvest Holding owns 60.86% of Donbasenergo shares, another 25% of the company is owned by the state.
PJSC Donbasenergo in 2020 received a net profit of UAH 29.090 million against UAH 69.997 million of net loss in 2019.
This is stated in the agenda of a meeting of shareholders of the generating company scheduled for April 26, 2021.
According to it, the shareholders will consider two options for distributing profits: directing 30% (UAH 8.727 million) or 50% (UAH 14.545 million) of profit received in 2020 for dividend payments.
The rest of the profit (70-50%) is proposed to be directed to the production development fund.
Donbasenergo owns Starobesheve TPP (located in the occupied territory) and Sloviansk TPP with a total installed capacity of 2,880 MW. In March 2017, the generating company announced the loss of control over the operation of Starobesheve TPP, as well as part of the structural units located in the temporarily uncontrolled territory.
PrJSC Energoinvest Holding owns 60.86% of Donbasenergo shares, another 25% of the generating company is owned by the state.
In November 2020, Donbasenergo PJSC transferred UAH 113.1 million of taxes and other mandatory payments to the state and local budgets, which is 3.2% (UAH 3.7 million) less than in November 2019.
According to the company’s press release, UAH 103.2 million of payments were transferred to the state and local budgets. Donbasenergo also paid UAH 9.9 million of excise tax, which is 3.2% from each UAH 1/kWh of electricity generated.
Electricity generation by the Slovianska TPP in November amounted to 327.948 kWh, in January-November – 2.9 million kWh, and supply – 296.282 kWh and 2.5 million kWh, respectively.
Energy generating company PJSC Donbasenergo in January-September 2020 received a net profit of UAH 1.393 million against UAH 69.257 million of net loss for the same period last year.
According to the company’s statement in the information disclosure system of the National Securities and Stock Market Commission, its net income for the reporting period increased by 9.8% (by UAH 429.648 million), to UAH 4.802 billion, and gross profit by 4.8% (by UAH 16.954 million), to UAH 367.828 million.
Donbasenergo (Sloviansk Thermal Power Plant) in the nine months produced 2.166 billion kWh of electricity (less 11.4% compared to January-September 2019), released 1.948 billion kWh (less by 11.8%), and production of heat energy amounted to 31,311 Gcal (less by 19.8%).
In addition, Donbasenergo announced a general meeting of shareholders scheduled for November 28, 2020, at which, in particular, it is planned to approve reports on the results of the company’s activities for 2019, as well as approve the main directions of the company’s activities for 2020-2022.
As reported, Donbasenergo received a net loss of UAH 68.997 million in 2019 against UAH 104.111 million of net profit in 2018.
PJSC Donbasenergo in July 2020 transferred UAH 68.4 million of taxes and other mandatory payments to the state and local budgets, which is almost 1.8 times more than in July 2019 (UAH 38.3 million).
According to the press release of the company, UAH 59.6 million (VAT and other state taxes) were transferred to the state budget and UAH 0.2 million to the local budget of Donetsk region.
The company has also paid UAH 8.6 million of excise duty, which is 3.2% for every UAH 1 per kWh of generated electricity.
As reported, Donbasenergo in 2019 reduced electricity production by 2.4% (by 84.5 million kWh) compared to 2018, to 3.371.7 billion kWh. In the overall structure of electricity generation in Ukraine for the year the company occupied 2.2% of the market, in the structure of thermal power generation – 7.5%.
Donbasenergo owns the Starobesheve Thermal Power Plant (TPP, located in the occupied territory) and Sloviansk TPP with their total installed capacity of 2,880 MW, including the capacity of Sloviansk TPP – 880 MW. At the end of March 2017, the general company announced the loss of control over the operation of Starobesheve TPP, as well as part of the structural units located in a temporarily occupied territory.
PJSC Energoinvest Holding owns 60.86% of Donbasenergo shares, another 25% of the general company is owned by the state. Currently, the company is controlled by Maksym Efimov.
PrJSC Donbasenergo, an electricity generating company, in January-March 2020 saw UAH 58.03 million in net profit, which is 26.4 times more than a year ago (UAH 2.198 million).
According to a company report in the information disclosure system of the National Securities and Stock Market Commission, its net revenue over the period grew by 1.3%, to UAH 1.587 billion, while gross profit fell by 17.35, to UAH 164.276 million.
As reported, Donbasenergo in 2019 saw UAH 68.997 million of net loss compared with UAH 104.111 million of net profit in 2018.
