Business news from Ukraine

Business news from Ukraine

Interpipe NMPS will hold shareholders’ meeting on April 21 and will not distribute its 2025 profits

PJSC “Interpipe Novomoskovsk Pipe Plant” (“Interpipe NMTZ,” Dnipropetrovsk region) reported a net profit for 2025, the amount of which has not yet been disclosed, and does not plan to distribute it.

According to the company’s announcement in the disclosure system of the National Securities and Stock Market Commission (NSSMC) regarding the remote general meeting of shareholders to be held on April 21, the agenda includes determining the company’s main areas of activity for 2026, review the supervisory board’s report and the auditor’s conclusions, and approve the annual financial statements for 2025 and the results of operations for the past year.

Shareholders will also approve the results of the company’s financial and operational activities for 2025 and make a decision regarding the distribution of profits.

In addition, the agenda includes the termination of the powers of the members of the supervisory board and the election of new members.

The draft resolutions, copies of which are available to the Interfax-Ukraine agency, propose defining the implementation of the product sales program and financial performance indicators as the main areas of the company’s activities in 2026. Specifically, the plan calls for shipping products worth UAH 275.524 million and shipping a total of 7,770 metric tons of electric-welded steel pipes. Additionally, the proposals call for establishing cooperation with new suppliers of rolled metal products, increasing the competitiveness of products in key sales markets by expanding the product range, improving quality, reducing production costs, and renewing the certification of the quality management system.

It is also proposed not to distribute the net profit earned in 2025.

As reported, Interpipe NMTZ recorded a consolidated net profit of UAH 111.285 million for the first nine months of 2025, whereas a net loss of UAH 42.472 million was recorded in the same period of 2024. During this period, the plant increased its net revenue by 14.3% to UAH 2,202,863 million. Retained consolidated earnings as of the end of September 2025 amounted to UAH 411,123 million.

“Interpipe NMTZ” ended 2024 with a net loss of UAH 194.831 million, whereas in 2023 it reported a consolidated net profit of UAH 140.327 million.

Interpipe NMTZ specializes in the production of welded pipes for the oil and gas industry, mechanical engineering, construction, and other industrial sectors.

According to the National Securities and Stock Market Commission (NSSMC) data for the fourth quarter of 2025, Interpipe Limited owns 90.8199% of the plant’s shares, and Lindsell Enterprises Limited (registered in Cyprus) owns 6.2918%.

The authorized capital of Interpipe NMTZ PJSC is UAH 50 million, and the par value of a share is UAH 0.25.

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