The Premier Palace Hotel (Kyiv) made a net loss of UAH 15.7 million in 2022, compared to net profit of UAH 66.4 million in the previous year.
According to the annual financial report in the information disclosure system of the National Commission on Securities and Stock Market, the net income of the hotel last year decreased by 42.1% – to 143.9 million UAH.
According to the company, last year the hotel’s operating profit decreased 13 times compared to 2021 and amounted to 6.7 million UAH. Its uncovered loss increased by 2% up to UAH 978.5 mln. Current liabilities decreased by 3.7% to UAH 378.2 mln, while there were no long-term liabilities at the end of the year.
In general, the value of assets of the company for the year decreased by 10.3% to 265.8 mln hryvnia.
As stated in the report, the main negative factor that affects the work of the hotel in 2022, was the military aggression of the Russian Federation. Besides it is stated the absence of state programs of hotel business support and imperfect system of tax legislation.
The hotel plans to increase guest satisfaction index from 92,5% to 95% in 2023 by implementing a renewed concept Ideal Meeting. Plans also include attracting/expanding new segments of embassies, international foundations and missions, which will be the main driver of demand until the end of hostilities in the country.
Premier Palace Hotel PJSC was registered in 2004. According to the National Commission on Securities and Stock Market, as of the fourth quarter of 2022, its shareholders are Pumori Enterprises Investments Ltd. (Cyprus, 62.2%) and Ukrainian LLC “East European Hotel Company” (24.1%), LLC “Hotel Complex Rus” (13.5%).
According to Opendatabot, the beneficiary is Natalia Selivanova.
Premier Palace Hotel Kyiv is owned by the Financiere group which also owns Premier Hotel Dnister (Lviv), Premier Hotel Lybid (Kiev) and Premier Hotel Odesa (Odessa). The group includes hotel holding Pumori Enterprises Investments LTD and East European Hotel Company LLC, which are shareholders of Ukrainian hotels.
PJSC Promarmatura (Dnipro) finished the year 2022 with a net loss of UAH 29.995 mln, while in 2021 it received a net profit of UAH 13.212 mln.
According to the company’s annual report, its net profit dropped 23.6% last year, to 154.645 mln hryvnia.
The retained profit of the company at the end of the last year amounted to UAH 119.213 mln.
The company “Promarmatura” was founded in December 1994 and works at the market of pipeline valves.
According to the NDE as of the end of 2022, two individuals – Ukrainian citizens Igor Mezhebovsky and Alexander Chelyadin – own 50% of the company.
The charter capital of the company is UAH 7.218 mln.
Private Joint-Stock Company “Radomyshl Brewery” (Radomyshl, Zhytomyr region), which is a part of “Persha Privatna Brovarnya” group, has increased its net loss by 57,3% – up to 149,42 million UAH in 2022 in comparison with the previous year.
According to the company’s notice in the information disclosure system of the National Securities and Stock Market Commission (NSSMC) about the planned annual meeting on April 28, its assets for the year increased by 23.9%, to UAH 3.82 billion, and the uncovered loss increased by 7.2%, to UAH 2.23 billion.
Total accounts receivable of the plant increased 16.5% during the year, to UAH 1.85 billion, long-term liabilities increased 20.7% to UAH 1.43 billion, and current liabilities increased 21.6% to UAH 3.62 billion.
The company increased its inventory by 57% to UAH 0.72 bln and had UAH 17.2 mln of free cash at the end of the year.
The shareholders are not allowed to pay out dividends and will have to repay their losses at the expense of future profits.
As earlier reported, Persha Privatna Brovarnya LLC was founded in 2004. It operates two breweries – in Lviv and Radomyshl with a total capacity of 2.4 million hectoliters of beer per year.
According to the PPB website, the largest shareholder of the company and its CEO is Ukrainian Andrey Matsola, while the second largest stake belongs to the EBRD. The rest of the shares are divided between Oettinger Group and the managing partners of OASIS Group.
The company’s brand portfolio includes beer brands Avtorskoe, StareMisto, Zhiguli Barne, Oettinger, CervenaSelka, Bavaria, Galitskaya Korona and others, as well as two kvass brands Lvovsky and Drevlyansky.
MHP Agroholding, Ukraine’s largest chicken producer, managed to make $38 million in net profit in the fourth quarter of 2022, 2.4 times better than in the fourth quarter of prewar 2021.
The agriholding said in its annual report to the London Stock Exchange on Tuesday, while it ended the year as a whole with a net loss of $231 million, compared with $393 million in net income in the previous year.
According to the report, MHP’s revenues in the fourth quarter of 2022 increased by 6% to $766 million, and for the year as a whole, by 11% to $2 billion 642 million.
Including export revenue for the quarter reached 64% ($491 million) compared to 61% ($1 billion 601 million) for all of 2022 and 53% ($1 billion 265 million) for all of 2021.
“The war in Ukraine is ongoing and could escalate in the coming months. There are constant risks to the company’s operations due to repeated attacks on critical infrastructure in Ukraine. However, as of today, all of MHP’s production facilities in Ukraine continue to operate at nearly full capacity. After transforming its logistical arrangements in response to changing wartime circumstances, the company is once again exporting to more than 70 countries worldwide, supplying grain, vegetable oils and poultry around the world,” the document states.
According to it, to date, MHP facilities have suffered no physical damage as a result of the war.
At the same time, the group has incurred significant war-related expenses since the Russian invasion on Feb. 24, 2022, estimated at $69 million for the year ending Dec. 31, 2022. They include donations in support of the community, write-offs of stockpiles and biological assets, and other specific expenses related to the war. Specifically, MHP donated about 12,000 tons of poultry products to the people of Ukraine.
It is specified that the operating profit in the fourth quarter of last year decreased by 12% – to $90 million, and for the year – by 49%, to $255 million, EBITDA – respectively by 16%, to $109 million and by 41%, to $384 million.
As noted, in January-March 2023, the agricultural holding managed to almost fully maintain production capacity.
“Since the overall situation in Ukraine remains unstable, we cannot give any meaningful forecasts about the prospects of the poultry segment for the whole of 2023. In the grain segment, the spring sowing season starts this month. Since all of our land is outside of the war zones, we hope to be able to harvest the same 360,000 hectares as we did in 2022,” MHP also pointed out.
According to the report, given the current risks and uncertainties following the Russian invasion of Ukraine and the resulting need to preserve liquidity to support ongoing business operations and support the country’s population, MHP’s board has decided that dividend payments are unlikely while the war continues.
Net loss of medical and health institutions of trade unions of Ukraine, association of Ukrainian market of health-resort services PJSC “Ukrprofzdravnitsa” in 2022 decreased 1,9 times compared with 2021 and amounted to 35,5 million UAH.
As reported by the company in the information disclosure system of NKTSBFR, financial results of “Ukrprofzdravnitsa” and its subsidiaries will be approved at the general annual meeting of shareholders on April 24.
According to the report, assets of Ukrprofzdravnitsa in 2022 decreased by 4% and amounted to 928 mln hryvnia. Total accounts receivable decreased by 6.4% to UAH 120.6 mln. At the same time, current liabilities increased insignificantly up to UAH 97.3 mln, while there were no long-term liabilities at the end of the year.
The company’s uncovered loss last year increased 20% to UAH 234.7 mln.
The shareholders also intend to increase the share capital of Khmelnik Clinic (Vinnitsa oblast) by UAH 5.5 mln to UAH 19.9 mln.
It is also planned to change the name of Ukrprofzdravnitsa’s subsidiary, Clinical Sanatorium named after Gorky (Odessa region). It is also planned to change the name of a subsidiary of Ukrprofzdravnitsa – Gorky Clinical Sanatorium (Odessa) to “Clinical Sanatorium “First Recreational and Rehabilitation” and to make appropriate changes in its charter.
“Ukrprofzdravnitsa” created by the Federation of Trade Unions and the Social Insurance Fund of Ukraine on disability (FPSU and FSSU). It is the largest enterprise in the medical and health institutions of the country and in general unites 42 spa and sanatorium enterprises. According to the website of “Ukrprofzdravnitsa”, it has 61 sources of mineral water and 13 fields of therapeutic mud.
JSC Kyivmedpreparat (Kyiv) posted a net loss of UAH 213.825 million in 2022 after seeing a net income of UAH 30 million in 2021.
According to the company in the information disclosure system of the National Securities and Stock Market Commission, the shareholders will consider the results of its work at a remote meeting scheduled for April 26.
The manufacturer of antibiotics Kyivmedpreparat together with JSC Galychpharm are the main manufacturers of Arterium products (Kyiv).
