The association of trade union health and wellness facilities of Ukraine, Ukrprofzdravnitsa, reported a net profit of UAH 14.6 million in 2024, compared with a loss of UAH 60.9 million in 2023.
According to the association’s disclosure to the National Securities and Stock Market Commission (NSSMC), its net income increased by 25.4% to UAH 17.2 million.
According to the report, Ukrprofzdravnitsa’s assets grew by 8.2% in 2024, to UAH 927 million. At the same time, current liabilities decreased by 0.2%, to UAH 93.4 million, while long-term liabilities were absent at the end of the year.
The PJSC’s uncovered loss last year decreased by 6.3% and amounted to UAH 282.1 million.
As noted, 17 sanatorium and resort facilities of the association carried out medical activities in 2024. The largest number of patients were admitted to the state-owned enterprise (SOE) Clinical Sanatorium Roscha (8,500 people), SOE Clinical Sanatorium Khmilnyk (7,100) and SOE Clinical Sanatorium Karpaty (6,300).
In addition, last year, Ukrprofzdravnitsa facilities accommodated 220 internally displaced persons, including 65 children. Also, 12,000 military personnel and their family members underwent health improvement in its facilities, of whom 11,400 underwent rehabilitation.
Ukrprofzdravnitsa was founded by the Federation of Trade Unions of Ukraine and the Social Insurance Fund of Ukraine for Temporary Disability. It is the largest association in the field of sanatorium and resort services in the country. It has 61 mineral water deposits and 13 therapeutic mud deposits at its disposal.
State-owned PrivatBank (Kyiv) received UAH 16.9 billion in net profit in January-March 2025, which is 21.9%, or UAH 3.0 billion, more than a year ago, when net profit amounted to UAH 13.9 billion.
The bank’s pre-tax profit amounted to UAH 22.3 billion, which is 19.1%, or UAH 3.5 billion, more than in the first quarter of 2024.
According to the report, PrivatBank’s net interest income increased by 16.4% compared to the first quarter of 2024, to UAH 18.49 billion, while net commission income increased by 4.9%, to UAH 6.64 billion.
Net income from foreign currency transactions for the reporting period increased by 11.8% to UAH 1.46 billion. In addition, the revaluation of foreign currency brought in another UAH 0.40 billion, while in the first quarter of 2024, the result was negative at UAH 0.90 billion.
At the same time, employee compensation expenses increased by 29.6% to UAH 3.64 billion, while other operating and administrative expenses increased by 11.1% to UAH 2.65 billion.
Funds in accounts of individuals in the first quarter of 2025 increased by 1.6%, or UAH 7.3 billion, to UAH 612.8 billion, while the number of individual customers decreased from 18.32 million to 18.2 million.
It is noted that PrivatBank’s net loan portfolio for January-March grew by UAH 5 billion to UAH 117.8 billion, and the number of the bank’s business clients increased from 910,000 to 918,000.
The bank reported that in the first quarter it carried out a large-scale upgrade of Privat24, including expanding accessibility for all categories of customers. As a result, the number of users grew from 13.76 million to 13.9 million.
At the same time, PrivatBank’s total assets for the first quarter of 2025 decreased by 1.1%, or UAH 8.6 billion, to UAH 752.8 billion compared to the previous quarter.
In addition, during the quarter, the number of PrivatBank branches decreased by three to 1,160, ATMs by 11 to 6,847, while terminals and POS terminals increased by 19 and more than 10 thousand to 10,439 thousand and 326.12 thousand, respectively.
According to the National Bank of Ukraine, PrivatBank ranked first in terms of total assets (UAH 947.13 billion, or 25.3%) among 61 banks at the beginning of this year.
Dnipro Switch Factory (DnSZ, Dnipro), a major Ukrainian manufacturer of switch points for main railway tracks, increased its net profit by 2.1 times in January-March 2025 compared to the same period in 2024, to UAH 113.18 million.
According to the company’s financial results report on its website, net sales revenue for this period increased by 21.7% to UAH 415.36 million.
DnSZ received UAH 135.82 million in operating profit (2.1 times more), and gross profit amounted to UAH 155.13 million (+61.2%).
Founded in 1916, DnSZ currently manufactures various types of switch points for mainline and industrial transport, subways, as well as upper track structure elements.
The company has a full production cycle, including its own design bureau.
The plant ended 2024 with a consolidated net profit of UAH 540.41 million, which is 6% more than in 2023, of which 78% (UAH 420 million) was allocated to dividend payments. Consolidated revenue increased by 77% to UAH 1.79 billion.
According to the company’s report on its website, unconsolidated net profit increased by 6.7% to UAH 544.22 million, with revenue growing by 31.1% to UAH 2.346 billion.
Exports accounted for 5.6% of total sales in 2024, with products shipped to Georgia, Azerbaijan, Moldova, Bulgaria, Germany, and the Baltic states.
PrJSC “Ukrainian Financial Housing Company” (Ukrfinzhytlo), which manages the state program “eOselya”, increased its assets by 54% to UAH 93.76 billion in 2024.
According to the company’s annual financial statements posted in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), its revenues increased by 25.7% last year to UAH 10.3 billion, while expenses increased 2.7 times to UAH 2.73 billion.
The company’s retained earnings at the end of 2024 amounted to UAH 9.5 billion.
As of December 31, 2024, financial investments in the company’s securities amounted to UAH 68.9 billion, and loans for UAH 12.9 billion were received. The company’s net profit increased by 5% to UAH 6.2 billion.
In 2024, Ukrfinzhytlo reportedly issued UAH 14.4 billion in loans to partner banks to finance the eHouse program, including by quarter: first quarter – UAH 3.7 billion; second quarter – UAH 4.3 billion; third quarter – UAH 3.3 billion; fourth quarter – UAH 3 billion.
In addition, in 2024, the company paid UAH 3.3 billion in favor of the state to the budgets of all levels and other target funds in the form of taxes, fees and other mandatory payments.
“Ukrfinzhytlo also plans to distribute UAH 1.87 billion in dividends from its net profit for 2024 to the state budget.
As reported, the eOselya affordable mortgage lending program was launched in Ukraine in October 2022. Contract servicemen of the Armed Forces of Ukraine, employees of the security and defense sector, healthcare workers, teachers, and scientists can apply for a preferential mortgage at 3% per annum for up to 20 years with a down payment of 20% of the cost of housing. Starting from August 1, 2023, war veterans, combatants, internally displaced persons (IDPs) and citizens who do not own housing exceeding the standard area can apply for the eHouse program at a 7% interest rate.
Under the terms of the program, privileged categories of participants can buy housing in a house under construction and houses not older than 10 years (in the capital and regional centers), while other participants can buy housing in a house not older than three years or a building under construction. IDPs can participate in “eHouse” at 7% per annum and purchase housing less than 10 years old or under construction throughout Ukraine, where the program operates.
The Cabinet of Ministers of Ukraine amended the terms of eHouse by Resolution No. 939 of August 16. In particular, starting from September 19, eRestoration certificates can be used as a down payment for the purchase of housing under eHouse, property rights to private houses under construction can be purchased, and interest rates have been increased after 10 years of loan servicing. Starting from October 19, the down payment for young people under the age of 25 was reduced (from 10%).
The program involves 11 partner banks: state-owned Oschadbank, PrivatBank, Ukrgasbank, Sens Bank, Sky Bank, Credit Dnipro Bank, Globus Bank, Tascombank, Bisbank, and Radabank.
In total, as of May 1, 16,600 families have become homeowners since the launch of the eHouse preferential mortgage program in 2022, with the total amount of loans received amounting to UAH 27.302 billion.
IMK Agroholding ended 2024 with a net profit of $54.54 million compared to a net loss of $21.03 million in 2023, according to the company’s annual report on the Warsaw Stock Exchange.
According to the report, the company’s revenue grew by 52% to $211.29 million, gross profit increased fourfold to $109.10 million, and normalized EBITDA increased 25-fold to $86.11 million.
“The growth in EBITDA in 2024, as well as the increase in net profit, is related to higher sales volumes and prices for grains and oilseeds during the period,” the document says.
IMC specified that the most significant part of the company’s income comes from corn sales – $107.85 million, which is 8% more than in 2023.
At the same time, in 2024, the agricultural holding increased its revenue from the sale of sunflower seeds by 2.7 times to $46.45 million, wheat by 2.5 times to $56.01 million, or five times.
The share of exports in revenue increased last year to 75% from 64% a year earlier.
According to the report, net cash flow from operating activities increased in 2024 to $91.6 million from $17.1 million in the previous year, mainly due to higher sales volumes.
Net cash outflow from investing activities increased to $22.5 million from $16.6 million in 2023, in line with the group’s capital investment program, the document said.
It is also noted that debt fell last year from $45.7 million to $23.3 million.
IMK Agroholding is an integrated group of companies operating in the Sumy, Poltava, and Chernihiv regions (north and center of Ukraine) in the crop production, elevators, and warehousing segments. The land bank is 116,000 hectares, storage capacity is 554,000 tons, and the 2024 harvest is expected to be 864,000 tons.
In 2023, IMK reported a net loss of $21.03 million, compared to $1.12 million a year earlier, while its EBITDA fell 11.3 times to $3.22 million. Revenue grew by 22.3% to $139.45 million, while the share of exports fell to 68% from 73% a year earlier.
In the first nine months of 2024, the agricultural holding reported a net profit of $47.17 million, compared with a net loss of $2.25 million in the first nine months of 2023. Its revenue grew by 43% to $140.79 million, while EBITDA increased 5.1 times to $71.10 million.
Dneprometiz-TAS LLC (Dnipro), owned by Ukrainian businessman Sergiy Tigipko, increased its net profit by 47.7% in 2024 compared to 2023, to UAH 14.197 million from UAH 9.610 million.
According to the company’s annual report, net income increased by 22.7% to UAH 3 billion 285.688 million in the period under review.
At the same time, the company’s retained earnings amounted to UAH 263.048 million at the end of 2024.
As reported earlier, Dneprometiz reduced its net profit by 2.6 times in 2023 compared to 2022, to UAH 9.658 million from UAH 24.733 million. Last year, net income increased by 8.2% to UAH 2 billion 677.836 million.
“In 2022, Dneprometiz reduced its net profit six times year-on-year to UAH 25.572 million, while net income increased by 1.1% to UAH 2 billion 474.397 million.
“Dneprometiz-TAS produces hardware products from low-carbon steels. The company’s annual production capacity is 120 thousand tons.
The company is owned by T.A.S. Overseas Investments Limited (Cyprus) owns 98.6578 percent of Dneprometiz LLC.
The authorized capital of Dneprometiz-TAS LLC is UAH 83.480 million.
