Agricultural equipment manufacturer Khorol Mechanical Plant (KMP, Khorol, Poltava region) plans to allocate nearly UAH 20.2 million, or 23.5% of its net profit of UAH 85.85 million for the past year, to dividend payments for 2025.
According to the draft decisions of the general meeting of shareholders, the announcement of which was published on April 17 in the disclosure system of the National Securities and Stock Market Commission (NSSMC), dividends are planned to be paid directly to shareholders at a rate of UAH 1.72 per share.
The remaining net profit in the amount of UAH 65.65 million is proposed to be directed to the development of production, replenishment of working capital, and resolution of social issues.
According to the plant’s financial report, it received UAH 110.8 million in net profit in 2024, meaning that in 2025, this figure decreased by 22.5%. Net income in 2024 amounted to UAH 405.3 million.
According to its information, from May 9 to October 18, 2025, the shipyard paid shareholders dividends for 2024 in the amount of UAH 13.15 million (almost 12% of profit) at a rate of UAH 1.12 per share, and allocated the rest of the profit to development.
According to the NSSMC data for the fourth quarter of 2025, the company’s shareholders who own more than 5% of the authorized capital are the chairman of the board, Mykhailo Mishchenko (23.98% of shares), and Mykola Melnyk (almost 5.25%).
KHMZ specializes in the manufacture of equipment for grain storage and cleaning; production of mixed fodder, cereals, flour, oil, and sowing materials; aspiration systems; mechanical grain transportation; production of fuel pellets, briquettes, etc.
As reported, in November 2025, the company began the process of localizing production in Turkey, choosing Izvik Makina Muhendislik as its main partner.
The stages of localization include large-scale assembly, equipping products with electric motors and gear motors from Turkish manufacturers, and the phased organization of the production of components and parts in Turkey, in particular on the principles of outsourcing (by mutual agreement).
According to YouControl, in 2025, KhMZ reduced its net sales revenue by 28.3% compared to 2024, to UAH 290.6 million.
