According to the results of its operations in January-September of this year, PJSC “Production Association ”Stalkanat” (Odessa) increased its net profit by 4.5 times compared to the same period last year – to UAH 504.626 million from UAH 113.016 million.
According to the company’s interim report, which is available to Interfax-Ukraine, profit in the third quarter amounted to UAH 201.052 million.
Over the nine months of this year, the company increased its net income by 26.5% to UAH 4 billion 33.007 million.
Undistributed profit at the end of September 2025 amounted to UAH 791.920 million.
As reported, in 2024, the company reduced its net profit by 34% compared to the previous year, from UAH 280.060 million to UAH 184.808 million. At the same time, it increased its net income by 33.3% to UAH 4 billion 436.786 million. Last year, the plant shipped 90,089 thousand tons of metal products. The share of exports was 48% in physical terms. Capital investments last year amounted to UAH 226.445 million.
The average number of employees in 2024 was 1,056 thousand people, and the average income per employee was UAH 34,632 thousand.
In 2023, Stalkanat reduced its net profit by 13.8% compared to 2022, from UAH 325.073 million to UAH 280.060 million, but increased its net income by 3.1% to UAH 3 billion 328.170 million. In 2023, the company shipped 72,593 tons of metal products, with exports accounting for 53% in physical terms. Capital investments in 2023 amounted to UAH 164.815 million.
Stalkanat is one of the largest manufacturers of steel ropes and reinforcement bars in Eastern Europe and a leader in the production of metal products in Ukraine.
According to the NDU for the third quarter of 2025, David Nemirovsky owns 50% of the shares, Anton Mikhalenko (non-resident) – 23.7%, and Maria Kondratyuk – 23.1%. Earlier, the company reported that Vitaliy Dubovich, a natural person, owns 3.199998% of its shares.
The authorized capital of PJSC Stalkanat currently amounts to UAH 17.736 million, with a share par value of UAH 0.17.
Astarta, Ukraine’s largest sugar producer, earned EUR43.70 million in net profit in January-September 2025, down 42.2% from the same period last year.
As noted in the company’s report to the Warsaw Stock Exchange, net profit in the third quarter of this year amounted to EUR 1.43 million, which is 20 times less than in the third quarter of last year.
According to the document, Astarta’s revenue for the nine months decreased by 22.4% to EUR342.78 million, although in the third quarter, compared to the same period last year, the decrease was only 3.8% to EUR116.16 million.
At the same time, due to the increase in production costs and a smaller increase in the net value of biological assets, gross profit for the nine months decreased by 34.2% to EUR121.05 million, while in the third quarter, it fell by 48.8% to EUR29.34 million.
As a result, EBITDA for the nine months amounted to EUR101.46 million, which is 22.9% less than for the nine months of last year.
Astarta specified that, excluding the impact of IAS41, the gross margin was 33% (-4 p.p. year-on-year), while the EBITDA margin even increased by 3 p.p. to 28%.
It is also noted that operating cash flow for the period decreased 3.6 times compared to the same period last year, to EUR 37.41 million, mainly due to the previous reduction in inventories, while investment cash flow doubled compared to the same period last year, to EUR75.44 million, with the largest investments made in the soybean processing and agriculture segments.
According to the published data, the main source of income for the agricultural holding in the reporting period was agriculture, which provided 33% of this income, or EUR112 million (-23% compared to the same period last year).
Sugar production accounted for 32% of Astarta’s revenue, or EUR 108 million (-36% compared to the same period last year).
Revenue from soybean processing remained stable at EUR 77 million, accounting for 22% of Astarta’s consolidated revenue. Revenue from livestock farming increased by 14% compared to the same period last year, reaching EUR 42 million, or 12% of total sales for the nine months of 2025.
Export revenue amounted to EUR 218 million, or 63% of sales.
Astarta is a vertically integrated agro-industrial holding operating in eight regions of Ukraine and the largest sugar producer in Ukraine. It comprises six sugar factories, agricultural enterprises with a land bank of 220,000 hectares, dairy farms with 22,000 head of cattle, an oil extraction plant in Globino (Poltava region), seven elevators, and a biogas complex.
In the first half of 2025, Astarta reduced its net profit by 10.3% to EUR47.11 million, while its consolidated revenue fell by 29.3% to EUR320.71 million.
On June 12 this year, the shareholders’ meeting approved the payment of dividends for 2024 in the amount of EUR0.5 per share for a total of EUR12.5 million, which is in line with the figures for the previous two years.
According to its 2024 results, Dnipropetrovsk Metallurgical Plant (DMZ) named after Comintern (DMZ Kominmet) reduced its net profit by 2.97 times compared to the previous year — to UAH 18.913 million from UAH 56.197 million.
According to the annual financial report available to the Interfax-Ukraine agency, net income for this period decreased by 13.1% to UAH 2 billion 896.250 million.
Undistributed profit at the end of 2024 amounted to UAH 115.316 million.
It is also noted that in the first quarter of 2025, the volume of production and sales amounted to 8-10 thousand tons per month.
DMZ Kominmet LLC was established on the basis of a plant built in 1899 as a Belgian joint-stock company by the Shoduar brothers for the production of roofing, corrugated steel, tableware, and blade steel. The company specializes in the production of steel pipes, metal coating, and consumer goods.
The average number of employees was 559.
According to the plant’s data at the end of 2024, Voskym Dom-2014 LLC (Dnipro) owns a 31.556% stake in the company, Grominal Ltd owns 21.11%, DW Holding Ltd – 23.77%, and Genersys Group Ltd (all three are based in Cyprus) – 23.564%.
According to the annual report, the ultimate beneficial owner (controller) of DMZ Kominmet LLC is Semen Tokarev, a natural person with a 31.556% stake.
The authorized capital of the LLC is UAH 25.5 million.
IMK agricultural holding received $67.5 million in net profit in January-September 2025, which is 43% more than in the same period of 2024, according to the company’s report.
According to a report on the Warsaw Stock Exchange, IMC’s revenue for the reporting period amounted to $118.6 million, which is 16% less than last year. At the same time, profit from the revaluation of biological assets increased by 22% to $75.7 million.
Gross profit increased to $93.2 million, which is 6% more than a year earlier, and operating profit increased by 27% to $73 million (+27%). Profit before tax increased to $68.9 million (+45%).
The company’s normalized EBITDA for the nine months of 2025 was $88 million, up 24% from the same period in 2024.
In January-September 2025, IMC sold 387,660 tons of corn, which is 16% less than in the same period of 2024. At the same time, the cost of sales for the current year was 46.9% higher and amounted to $213 per ton. Accordingly, revenue was 23.8% higher and amounted to $82.9 million compared to $66.74 million a year earlier.
Sunflower sales were 2.6 times lower than in the same period last year and amounted to 25.43 thousand tons. The selling price was 55% higher than last year and amounted to $546 per ton, so revenue fell by 59.3% to $13.89 million compared to $23.43 million a year earlier.
IMK also reduced wheat sales by 2.6 times compared to the same period last year to 103.26 thousand tons in the first nine months of 2025. Wheat prices were higher than last year, at $209 per tonne compared to $181 per tonne a year earlier. However, this did not have a significant impact on revenue. It amounted to $21.63 million compared to $49.78 million (-56.6%) for the same period last year.
IMK Agroholding is an integrated group of companies operating in the Sumy, Poltava, and Chernihiv regions (northern and central Ukraine) in the crop production, elevators, and warehouses segments. The land bank is about 120,000 hectares, storage capacity is 554,000 tons for the 2023 harvest of 1.002 million tons.
PJSC Zaporizhogneupor, Ukraine’s largest refractory manufacturer and a member of the Metinvest Group, reduced its net profit by 43.3% in January-September this year compared to the same period last year, from UAH 117.163 million to UAH 66.489 million.
According to the company’s interim report, the company increased its revenue by 20.5% over nine months, to UAH 3 billion 306.077 million.
Retained earnings at the end of September 2025 amounted to UAH 70.317 million.
Zaporizhogneupor is Ukraine’s largest manufacturer of high-quality refractory products and materials.
According to NDU data for the second quarter of 2025, Metinvest B.V. (Netherlands) owned 50.78% of Zaporizhogneupor’s shares, while Zaporizhstal owned 49.21%.
The authorized capital of the private joint-stock company is UAH 75.925 million.
In January-September of this year, PJSC Industrial and Manufacturing Enterprise Kryvbasvibuhprom increased its net profit by 87.5% compared to the same period last year, from UAH 100.328 million to UAH 188.105 million.
According to the company’s interim report, revenue for this period increased by 24.9% to UAH 1 billion 345.556 million.
Undistributed profit at the end of September 2025 amounted to UAH 747.398 million.
In 2024, the company received a net profit of UAH 153.893 million compared to UAH 95.121 million in 2023.
Kryvbasvibuhprom provides blasting services in the quarries of mining companies in Ukraine. It is a large manufacturer of emulsion and non-water-resistant explosives. The company’s technological chain includes storage, processing, transportation, and blasting operations.
According to the NDU for the second quarter of 2025, Quarex Ltd (Cyprus) owns 93.16% of the company’s shares, and UMG Investments of the SCM Group owns 6.56%.
The authorized capital of Kryvbasvibuhprom is UAH 97.022 million, with a share par value of UAH 1.
