Business news from Ukraine

Business news from Ukraine

DBK-4 reduced its profit by 26% in 2024, while its revenue grew by 28%

Domobudivny Kombinat No. 4 (DBK-4, Kyiv), part of the Kyivmiskbud holding, reduced its net profit by 26% compared to 2023 to UAH 3.1 million in 2024.

According to the company’s annual report, published in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), its net income increased by 27.7% to UAH 488.5 million.

DBK-4’s retained earnings at the end of 2024 amounted to UAH 134.2 million. The company’s current liabilities increased by 11.8% compared to 2023, to UAH 219.1 million, and long-term liabilities increased by 36.6%, to UAH 29.3 million. The value of assets at the end of 2024 increased by 7.7% and amounted to UAH 477.5 million.

According to the report, in 2024, the company completed the construction of one building with a total area of 28.7 thousand square meters for 432 apartments at 22 Konoplyanska Street in Kyiv (Navigator 2 residential complex). The commissioning of the next facility is planned for 2025, as well as the start of work on the construction sites of two buildings in Brovary.

According to the NSSMC, as of the second quarter of 2024, the shareholders of DBK-4 are Petro Shylyuk (39.89%), PJSC Holding Company Kyivmiskbud (30%), Yulia Kostyanova (6.2%), and Svitlana Lysenko (5.2%).

 

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Rozdilsky Ceramic Plant reduced its profit by 17% in 2024

Ceramic brick manufacturer Rozdilsky Ceramic Plant (Rozdil, Lviv region) reduced its net profit by 17% compared to the previous year to UAH 5.39 million in 2024.

According to the company’s annual report, published in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), its net income increased by 21.6% and reached UAH 99.7 million.

The PJSC’s undistributed profit at the end of 2024 amounted to UAH 4 million. The company’s current liabilities increased by 14.9% compared to 2023, to UAH 318.8 million, while there are no long-term liabilities. The value of assets at the end of 2024 grew by 15.4% and amounted to UAH 350.9 million.

As noted in the report, in 2024, Rozdilsky Ceramic Plant produced 14.2 thousand units of various types of bricks. At the same time, due to a decrease in brick consumption in the domestic market, rising energy prices, and power outages, the company only produced products for six months.

The total volume of the company’s exports last year amounted to UAH 23.8 million, or 18.53% of the company’s total sales. The plant supplied products to Romania and Moldova.

It is noted that the company does not plan to make significant investments in 2025 due to a shortage of funds and the high cost of credit resources.

Rozdilsky Ceramic Plant PJSC was registered in 2005. The company produces clinker and facing bricks under the Euroton trademark.

According to the National Securities and Stock Market Commission, as of the first quarter of 2025, 99.9% of the company’s shares are owned by Promquet Holdings Limited of Cyprus. According to Opendatabot, the ultimate beneficiaries are the co-owners of the Kontinium group, Sofia and Roman Yeremeyev, Stepan Ivakhiv, and Serhiy Lagur.

 

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IMK increased its net profit by 39%

In January-June 2025, the IMC agricultural holding company received a net profit of $51.4 million, which is 39% more than in the same period last year ($21.5 million), according to a report published on the agricultural holding company’s website.

According to the financial statements, operating profit doubled to $54.7 million, and EBITDA rose 72% to $64.7 million. At the same time, revenue decreased by 22% to $83.9 million. Cost of sales decreased by 20% to $66.4 million, and selling expenses more than doubled (-58%).

The revenue structure in the first half of the year by crop was as follows: corn — $82.1 million (+25% y/y), sunflower — $0.9 million (-94% y/y), wheat — $0.5 million (-98% y/y), other crops – $0.5 million (-33% y/y). Thus, corn accounted for over 97% of the company’s revenue.

Profit before tax amounted to $52.3 million (+142% y/y).

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 116,000 hectares, storage capacity is 554,000 tons, and the 2024 harvest is 864,000 tons.

IMK ended 2024 with a net profit of $54.54 million, compared to a net loss of $21.03 million in 2023. Revenue grew by 52% to $211.29 million, gross profit quadrupled to $109.10 million, and normalized EBITDA increased 25-fold to $86.11 million.

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Ukrnafta received UAH 5.2 bln in net profit

Ukrnafta JSC received a net profit of UAH 5.2 billion in January-June 2025, the company reported on Thursday.

“The company’s results are included in the condensed consolidated interim financial statements of Naftogaz of Ukraine JSC for the six months ended June 30, 2025,” the company said.

KPMG is conducting a review of these financial statements. As part of the audit, KPMG Audit carried out procedures to review Ukrnafta’s financial information.

“During the same period, Ukrnafta paid UAH 14.8 billion in taxes, fees, and customs duties to the state budget and transferred UAH 5 billion in dividends,” the company added.

As reported, Ukrnafta’s net profit for 2024 amounted to UAH 16.38 billion. At the same time, the company transferred UAH 5 billion in dividends to the state budget based on its performance in 2024.

Ukrnafta is Ukraine’s largest oil producer and operator of the national network of gas stations. In March 2024, it took over the management of Glusco’s assets and currently operates 545 gas stations.

The company holds 92 special permits for industrial development of deposits. It has 1,832 oil and 154 gas production wells on its balance sheet.

The largest shareholder of Ukrnafta is Naftogaz of Ukraine with a 50%+1 share. In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer the company’s corporate rights, which belonged to private owners, to the state, and they are currently managed by the Ministry of Defense.

Ukrnafta’s net profit for 2024 was UAH 16.38 billion.

 

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Dnipropetrovsk Aggregate Plant increased its net profit by 18%

JSC “Dnipropetrovsk Aggregate Plant” (DAP, Dnipro) ended the first half of this year with a net profit of UAH 44.76 million, which is 18.1% more than in the same period of 2024.

According to the company’s financial report published on its website, net income increased by 59.6% to UAH 256.35 million.
The plant received UAH 60.31 million in operating profit (up 14.4%), and gross profit increased by 12.8% to UAH 92.69 million.

DAZ also published its financial report for the first quarter of this year, according to which net profit increased by 20% in January-March 2024, with net income growing by 41% to UAH 96.48 million.
Thus, in the second quarter of 2025, DAZ increased its net profit by 17.1% compared to April-June 2024, to UAH 29.22 million, and net income by 73.5%, to UAH 159.87 million.

DAZ notes that the main buyers of its products in the first half of the year were PP Lyon and NVO Aviagregat.

“Due to the difficult situation in connection with Russia’s occupation of territories, the company continued to experience a decline in the production of mining equipment during the reporting period (almost three times compared to the same period in 2024). However, the production of special-purpose products continued to increase, which made it possible to maintain positions and obtain a net profit,” the plant’s interim management report says.

DAZ is a company with many years of experience in the production of aviation equipment, as well as hydraulic equipment for mines and general-purpose products (fuel and other liquid pumps).
According to the company, in 2024, it reduced its net profit by 38.4% compared to 2023, to UAH 70.05 million, while its revenue fell by 20.8%, to UAH 277.5 million.

As reported, by decision of the shareholders, the net profit received in 2023 and 2024 will be directed towards the development of production.

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Nova Poshta increased its consolidated net profit by 18.6%

Nova Poshta, the leader in express delivery in Ukraine and part of the Nova Group, increased its consolidated net profit by 18.6% in the first half of 2025 compared to the same period last year, to UAH 1 billion 765 million, while consolidated net revenue increased by 22% to UAH 29.829 billion.

According to the company’s report published in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), the company’s gross profit increased by 19% compared to the same period last year, to UAH 7 billion 205 million. Operating profit, according to the consolidated report, increased by 17% to UAH 3.72 billion.

Earlier it was reported that in the second quarter of 2025, Nova Poshta increased its unconsolidated net profit by 2.6% compared to the same period in 2024, to UAH 905.45 million. According to the company’s reports on its website and in the NSSMC information disclosure system, revenue in the second quarter increased by 22.9% to UAH 12.71214 billion. In the first half of this year, Nova Poshta’s net profit decreased by 19.6% to UAH 1 billion 195.74 million, while revenue increased by 22.1% to UAH 24 billion 571.27 million, according to the published data. It was noted that gross profit for the first half of the year increased by 30.8% to UAH 5 billion 55.3 million, while operating profit increased by 45.6% to UAH 2 billion 443.82 million.

As of mid-year, Nova Poshta had obligations on three bond issues of series “E”, “F” and “G” series bonds, respectively, in the amount of UAH 995.82 million with maturity on July 30 this year, UAH 998.45 million with maturity on June 1 next year, and UAH 999.38 million with maturity on May 2, 2027. The interest rate on bonds “F” and “G” is 16% per annum. The company already has five redeemed bond issues since August 2020 for a total amount of UAH 3.6 billion.

In August 2025, the company fully placed series “H” bonds with a total nominal value of UAH 1 billion after the redemption of series “E” bonds with the same nominal value on July 30.

The main activity of Nova Poshta remains the express delivery of documents, parcels, and palletized large-sized cargo. The company is the leader in express delivery in Ukraine. Its ultimate beneficial owners are Volodymyr Poperechnyuk and Vyacheslav Klimov.

 

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