Business news from Ukraine

“Multiplex-Holding” received 8.6 mln UAH of net profit

PJSC “Multiplex-Holding” (Kiev), which develops a network of cinemas Multiplex in Ukraine, at the end of 2022 received UAH 8.6 million net profit, while 2021 ended with a loss of UAH 47.3 million.
According to the company announcement in the information disclosure system of the National Securities and Stock Market Commission (NSCM) about the annual general meeting of shareholders on April 28, the profit is planned to be used to replenish working capital.
According to preliminary data, the uncovered loss of Multiplex-Holding decreased slightly last year and amounted to UAH 378.6 mln. Total accounts receivable increased by 86% up to 299 million UAH, current liabilities increased by 4% to 1.13 billion UAH, while the long-term liabilities at the end of the year were absent.
Last year, fixed assets of PJSC decreased by 18% to UAH 399.5 mln, inventory – by 41% to UAH 27.2 mln. The value of assets in 2022 increased by 6.4% to UAH 841.7 mln.
According to the meeting agenda the shareholders also plan to approve the loan agreement with FUIB with the possibility of obtaining individual loans of up to UAH 100 mn for a term of up to five years and a loan rate of no more than 30% per annum.
As reported, the net loss of “Multiplex-Holding” in 2021 was UAH 47.3 million, in 2020 – UAH 187.6 million.
Multiplex-Holding was founded in 2003. At the end of 2022 the network consisted of 29 cinemas, eight of which suffered varying degrees of damage due to the Russian military aggression.
According to the NKTSBFR, the shareholders of CHA for the fourth quarter of 2022 were “AMC Contador” PVNZIF “Avior” (13.9%), “AMC Capital Group” PVNZ “Capital Record” (11%) and PVNZ “National Capital” (7.6%), “Investrotbud” (9.8%), and “ZNVKIF “Vasat” (49%).
According to Opendatabot, Ksenia Trofimenko is the ultimate beneficiary of Multiplex-Holding.

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MULTIPLEX-HOLDING CUTS LOSSES

PrJSC Multiplex-Holding (Kyiv), which develops a network of Multiplex cinemas in Ukraine, reduced its net loss by 34.1% in January-September 2021 compared to the same period in 2020, to UAH 71.6 million.According to a company’s report, published in the information disclosure system of the National Securities and Stock Market Commission of Ukraine, company’s net income increased by 28.3%, to UAH 304.1 million.Gross profit in January-September 2021 increased 2.9 times, to UAH 12 million, while operating loss increased by 29.3%, to UAH 26.7 million.Uncovered loss increased by 64.9% and amounted to UAH 411.6 million. The company’s long-term liabilities for nine months decreased by 73.3%, to UAH 17.9 million, while the current ones increased by 31%, to UAH 1 billion.As reported, Multiplex-Holding over 2020 received UAH 187.6 million in net loss. Multiplex-Holding was founded in 2003. According to the data on the official website, the network has 28 cinemas.

MULTIPLEX HOLDING SEEKS TO BOOST NUMBER OF CINEMA HALLS BY 30%

Private joint-stock company Multiplex-Holding plans in 2019 to expand the number of cinema halls of the Multiplex cinema chain in Ukraine by 28.7%, to 166 halls, Multiplex-Holding Director General Vitaliy Pysarenko has said.
“In the construction of new cinemas there is a lot to develop. We are always looking for new promising sites. This year we have a huge construction program. We have already opened two cinemas, and we will open four more. We plan to have 166 hall by the end of the year,” Pysarenko said at Retail & Development Business Expo 2019 in Kyiv on Thursday.
According to him, currently the Multiplex network occupies 40% of the Ukrainian film distribution market.
According to Pysarenko, in 2018, the operator sold more than 10 million tickets.
“If in 2012 we sold about 3 million tickets, last year we sold over 10 million tickets. We could call ourselves the largest ticket operator, because those who sell tickets for concerts and events do not have such volumes. We even went against the trend of the entire market: our number of tickets sold grew by 9% year-on-year, and the market in general fell by 4%,” he said.
As of 2019, more than 50% of tickets for movie shows in the Multiplex network are sold online, almost 80% on weekends, and 100% tickets are sold online for film hits, while in 2015, only 5% were sold through this channel.
Multiplex-Holding was founded in 2003. As of March 2019, it had 27 cinemas located in Kyiv, Odesa, Kryvy Rih, Mykolaiv, Cherkasy, Rivne, Khmelnytsky, Zhytomyr, Kherson, Mariupol, Zaporizhia, Dnipro, Poltava, Lviv, Lutsk, Chernihiv and Kharkiv.

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