PrJSC Fozzy Group (Vyshneve, Kyiv region) ended 2020 with a net profit of UAH 8.6 million, while in 2019 it saw a net loss of UAH 5 million.
According to the company’s statement in the information disclosure system of the National Securities and Stock Market Commission on the meeting of shareholders scheduled for April 2, dividends for 2020 are not planned to be charged or paid.
As indicated in the report, the net profit per share of Fozzy Group for the last year amounted to UAH 0.27, while in 2019, UAH 0.35 of a loss was per share.
Retained earnings of the company in the past year doubled and amounted to UAH 16.3 million.
The total accounts receivable of the PrJSC last year decreased 63%, to UAH 932.5 million, current liabilities decreased 32%, to UAH 1.6 billion. The company has no long-term obligations.
Fozzy Group’s assets at the end of 2020 decreased 17%, to UAH 3.6 billion.
PrJSC Fozzy Group was established in 2005. According to the National Securities and Stock Market Commission, the shareholder of the PJSC is Fozzy Group LLC (98.7%). In the unified public register of legal entities and private entrepreneurs, Volodymyr Kostelman is indicated as the ultimate beneficiary.
The registered capital of the company is UAH 32 million.
Fozzy Group in 2018 increased goods turnover at its food chains Fora, Silpo, Thrash!, Fozzy Cash & Carry by 26% compared to 2017, to UAH 78.8 billion, the press service of the company has reported.
“In 2018, goods turnover at the retail grocery chains of the group amounted to UAH 78.8 billion, which is 26% more than in 2017. Thus, Fozzy Group continued its development in 2018: this brought UAH 2.9 billion in taxes to the national budget. In particular, Silpo-Food LLC is among the top three largest taxpayers in Ukraine among retailers in 2018, according to the State Fiscal Service,” the report said.
According to the report, in 2018 some 25 new stores were opened, in particular, seven Silpo in five cities of Ukraine, 12 Fora stores and six Thrash! discount stores. The total number of Fozzy Group stores at the beginning of 2019 was 686.
The group also opened two new restaurant projects in 2018: the Cuban restaurant and bar Escobar and an establishment with the aesthetics of the world bars Who & Why Drinkery. The innovative postal and logistics operator Justin also was launched, its 500 branches are already located in the stores of Fozzy Group.
