Business news from Ukraine

Business news from Ukraine

Ltava Plant saw its net profit decline by 8.8% in 2025

Ltava Plant JSC (Poltava), a manufacturer of electrical connectors and switching equipment, ended the first quarter of 2026 with a net profit of UAH 41.64 million, which is slightly higher than the corresponding figure for January–March 2025.

According to the company’s interim financial report in the financial reporting system, its net revenue decreased by 27% to UAH 122.45 million.

The plant also published its 2025 financial report in the NSSMC disclosure system, according to which net profit decreased by 8.8% compared to 2024—to UAH 156.2 million—while net revenue increased by 32.2%—to UAH 627 million.

Over the past year, the plant increased its operating profit by 71.2% to UAH 136 million, while gross profit rose by 51.6% to UAH 332.8 million.

The Ltava plant is a specialized enterprise engaged in the development and manufacture of electrical connectors, switching devices, contact devices, and sockets for microelectronics.

According to data from the National Securities and Stock Market Commission (NSSMC) for the fourth quarter of 2025, Ivan and Lesya Rybalko hold nearly 44.57% and 19% of the company’s shares, respectively, while Supervisory Board Chairman Serhiy Zmiyevets holds 36.43%.

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