The mobile operator Kyivstar (Kyiv) in 2020 received UAH 10.370 billion of net profit, which is 15.72% more than in 2019, according to the announcement of the operator on holding an annual meeting of shareholders on April 29.
According to it, the company’s retained earnings for the year amounted to UAH 10.384 billion compared to UAH 12.752 billion a year earlier.
“Determine that the accumulated retained earnings of the company as of the end of 2020 are retained earnings subject to further distribution in the form of dividends (annual or interim) or any other use by decision of the general meeting of shareholders of the company,” the draft resolution of the meeting says.
According to the announcement, the long-term liabilities of Kyivstar for the year increased 2.8 times, to UAH 7.012 billion, while the current liabilities by 4.2%, to UAH 8.512 billion, and total debtor indebtedness decreased by 2.6%, to UAH 826 million.
In 2020, the company increased its fixed assets by 14.8%, to UAH 13.824 billion, its total assets increased by 10.74%, to UAH 27.013 billion.
The number of mobile subscribers of the operator in the fourth quarter of 2020 decreased by 1.3% compared to the same period in 2019, to 25.9 million, while the number of fixed-line subscribers increased by 10.9%, to 1.1 million.
PrJSC Philip Morris Ukraine, one of the largest tobacco companies in Ukraine, in 2020 increased its net profit by 5% compared to 2019, to UAH 2.73 billion.
According to the company’s statement in the information disclosure system of the National Securities and Stock Market Commission, its assets for the year increased by 18%, to UAH 11.51 billion, and retained earnings by 55.5%, to UAH 7.79 billion.
Total debtor indebtedness over the year increased by 28.4%, to UAH 8.63 billion.
It is also indicated that at an annual meeting of shareholders on April 27, it is planned to obtain approval for the company to carry out significant transactions with an aggregate value of up to UAH 40 billion, which until April 30, 2022 can be used by the company to conduct business. In addition, during the meeting, it is planned to approve the main directions of the company’s activities, which include the further increase in production capacity and the expansion of the company’s product range.
Philip Morris International, which includes PrJSC Philip Morris Ukraine, is one of the world’s largest manufacturers of tobacco products. It produces cigarettes in more than 50 factories and sells them in 180 countries.
The company has been operating in Ukraine for over 20 years, owns a factory in Kharkiv region, and employs over 1,300 people.
The company reduced the shipment of cigarettes in Ukraine in 2020 by 4.3% compared to 2019 due to a general market decline, which was partially offset by an increase in the market share of heated tobacco products.
PJSC Production Association Stalkanat-Silur (Odesa), following the results of work in 2020, reduced its net profit by 21.3% compared to 2019 – to UAH 116.761 million from UAH 148.419 million.
According to the company’s announcement of the annual meeting of shareholders on April 26, its outstanding loss at the end of the year amounted to UAH 151.677 million.
Over the past year, the plant reduced its current liabilities by 27% – to UAH 812.295 million, long-term liabilities amounted to UAH 130.162 million. At the same time, accounts receivable decreased by 4.5% – to UAH 142.596 million.
According to the announcement, the assets of Stalkanat-Silur in 2020 decreased by 3% – to UAH 1.7 billion, including fixed assets decreased by 3.5% – to UAH 1.3 billion.
The draft decisions of the meeting say that shareholders are invited to leave the profit received in 2020 unallocated.
PJSC Stalkanat-Silur produces steel, nylon ropes and metal goods.
PrJSC JT International Company Ukraine, one of the largest tobacco companies in Ukraine, in 2020 reduced its net profit by 12.1% compared to 2019 – to UAH 613.75 million.
According to the company’s statement in the information disclosure system of the National Securities and Stock Market Commission, its assets increased by 9.6% over the year, to UAH 4.27 billion, while retained earnings decreased by 10.6% – to UAH 987 million.
The total accounts receivable of the PrJSC by the end of the year decreased by 4.7% – to UAH 983.99 million.
According to the report, at the annual meeting of shareholders on April 21, it is planned to send UAH 298.34 million from the net profit for 2020 to pay dividends, the remaining UAH 315.41 million will not be distributed. The agenda of the meeting also includes the approval of the maximum amount for the purchase of tobacco products from PJSC JT International Ukraine in the amount of UAH 20 billion and the conclusion of contracts for the sale of tobacco products in the amount of UAH 21 billion.
JT International Company Ukraine is a member of Japan Tobacco Inc. JTI). In Ukraine, it owns Kremenchuk tobacco factory (Poltava region).
The most famous brands of JT International Ukraine are Sobranie, Winston, Camel, Glamor, and LD.
Its products are sold in Ukraine and exported to more than 20 countries.
Kyiv-based Omega insurance company ended 2020 with a net profit of UAH 33.3 million, while it ended 2019 with a net loss of UAH 4.3 million, follows from the agenda of the shareholders’ meeting released in the information disclosure system of the National Securities and Stock Market Commission of Ukraine.
It is noted the company’s retained loss of amounted to UAH 94.639 million over 2020, while UAH 168.5 million in 2019.
The company also said as of December 31, 2020, its assets increased by 7.2%, to UAH 575.443 million, cash and their equivalent by 4.8 times, to UAH 43.579 million, equity by 7.6%, to UAH 491.627 million, while accounts receivable decreased by 17.3%, to UAH 93.820 million.
The company’s long-term liabilities increased by 9.8%, to UAH 66.861 million over 2020, current ones decreased by 12.3%, to UAH 16.955 million.
Omega insurance company was established in 1994 and operates on the basis of 25 licenses.
Net profit of Bank Credit Dnepr (Kyiv) in January-June 2018 totaled UAH 40.251 million, the bank has said in a press release.
“The profit of Bank Credit Dnepr in April-June 2018 totaled UAH 157.175 million, and in H1 2018 the bank saw UAH 40.251 million in profit,” the bank said.
Net interest income in January-June 2018 grew by 33.2% year-over-year, to UAH 85.181 million. Net commission fee grew by 28%, to UAH 64.782 million.
Net worth in H1 2018 rose by 2.4%, to UAH 838.281 million. Assets totaled UAH 9.078 billion. Funds of clients accounted for UAH 8.183 billion.
Bank Credit Dnepr was founded in 1993. Its only owner is Victor Pinchuk.
The bank ranked 21st among 84 operating banks in the country as of June 1, 2018 in terms of total assets (UAH 9.439 billion), according to the National Bank of Ukraine.
