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.
