Business news from Ukraine

Pokrovsky GZK received 37 million hryvnias in losses, revenue decreased by 45%

PrJSC Pokrovsky Mining and Processing Plant (PGOK, Dnipropetrovsk region) in January-June of this year saw a net loss of UAH 37.438 million compared to a net profit of UAH 55.980 million a year earlier.
According to the company’s interim report published in the information disclosure system of the National Securities and Stock Market Commission, over this period its net income decreased by 45.3%, to UAH 828.048 million.
Retained earnings by the end of June this year reached UAH 1.366 billion.
Pokrovsky Mining and Processing Plant is the largest producer of manganese ore in Ukraine, which is mining it in an open way.
Four Cypriot companies, namely Profetis Enterprises Limited, Exceed Investmens Limited, Clemente Enterprises Limited and Alexton Holdings Limited own 24.3024% of the shares of the company
The charter capital of the plant is UAH 736.134 million, the par value of the share is UAH 0.25.