Business news from Ukraine

Business news from Ukraine

“Khlibprom Concern” Ended Third Quarter with Net Loss

The net loss of PJSC “Khlibprom Concern” in the third quarter of this year amounted to 5.59 million UAH, compared to a net profit of 7.23 million UAH for the same period last year, according to the company’s report filed with the NSSMC’s disclosure system on Thursday.

According to the report, revenue in the third quarter increased by 12.3% to 645.63 million UAH, while gross profit rose by 25.7% to 243.64 million UAH.
The decline in financial performance is attributed to a 17.5% increase in selling expenses (to 123.59 million UAH), a 19.4% rise in administrative expenses (to 92.89 million UAH), and a 2.1-fold increase in financial expenses (to 20.48 million UAH).

At the same time, for the first nine months of this year, “Khlibprom Concern” increased its net profit 6.9-fold—to 21.82 million UAH—as revenue grew by 14.6%—to 1 billion 877.20 million UAH.
Gross profit rose by 19.1% to 685.16 million UAH, and operating profit increased by 30.7% to 40.06 million UAH.

According to the report, fresh bread accounted for 49.55% of sales volume for the first nine months of this year, semi-finished products for 30.98%, and baked goods for 3.75%; in terms of production volume, these figures were 49.29%, 30.23%, and 4.43%, respectively.
“Khlibprom Concern” is one of the largest companies in the Ukrainian bread market. According to the company, it produces up to 160 metric tons of products daily, including bread, baked goods, confectionery, and semi-finished dough products. Its structure includes five processing plants located in the Lviv and Vinnytsia regions.

Since 2014, the company has also been developing its coffee business, within which its production units are engaged in the supply, roasting, and branding of its own coffee, as well as providing rental and maintenance services for professional coffee equipment. The coffee business of PJSC “Khlibprom Concern” consists of the production of roasted coffee under the Harmony Sentivi brand.

The beneficiary of the company is Natalia Antonova.

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“Khlibprom Concern” increased its revenue to 2.23 bln UAH and reduced its losses in 2025

PJSC “Khlibprom Concern” (Lviv), one of Ukraine’s largest bread producers, derived the majority of its revenue in 2025 from bread production, which amounted to UAH 170.18 million, or 76.31% of total sales.

According to the issuer’s annual financial statements published in the disclosure system of the National Securities and Stock Market Commission (NSSMC), other significant sources of revenue included coffee and tea production—UAH 26.81 million (12.02%), the sale of electrical goods—2.61 million UAH (1.17%), and the production of crackers and confectionery—1.41 million UAH (0.63%). Smaller shares of revenue came from the production of other food products (UAH 301,350), flour production (UAH 271,210), and wholesale trade in coffee and food products.

As noted, the daily volume of production and sales of bread, confectionery products, and semi-finished goods in Ukraine and abroad amounts to up to 160 tons.

According to Opendatabot, Khlebprom Concern’s revenue in 2025 increased by 9.5% compared to 2024—to UAH 2.22892 billion. Net loss decreased by a factor of 13.5—to UAH 5 million, compared to UAH 67.57 million a year earlier. Assets at the end of the year amounted to UAH 1.19076 billion, while liabilities decreased by 10.1% to UAH 509.95 million. The company’s authorized capital is UAH 163.55 million.

“Khlibprom Concern” is one of the largest enterprises in the Ukrainian bread market, producing up to 160 tons of products daily: bread, baked goods, confectionery, and semi-finished dough products. Its structure includes five processing plants located in the Lviv and Vinnytsia regions. It owns the Agrola, Bandinelli, 2go, “Lublyanna,” and “Vinnytsiahlib” brands.

The beneficiary of the company is Natalia Antonova.

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