Ukrainian Graphite PrJSC (Ukrgraphite, Zaporizhzhya) posted a net profit of UAH 128.230 million in January-September this year, up 0.7% year-on-year.
According to the company’s interim report, the company increased its revenue by 8.7% to UAH 1 billion 322.508 million in 9M2023.
The company’s retained earnings amounted to UAH 3 billion 833.682 million as of the end of September this year.
As reported, Ukrgraphite increased its net profit by 42.9 times year-on-year to UAH 70.723 million in January-March 2023, but reduced its net income by 11% to UAH 437.326 million.
In 1H2023, the plant earned a net profit of UAH 83.556 million, while it ended the same period last year with a net loss of UAH 22.135 million and increased revenue by 22.6% to UAH 938.909 million.
“In 2022, Ukrgraphite reduced its net income by 41.4% year-on-year to UAH 1 billion 545.562 million, earned a net profit of UAH 52.584 million, while it ended 2021 with a net loss of UAH 317.539 million.
“Ukrgraphite is Ukraine’s leading producer of graphitized electrodes for electric steel-making, ore-thermal and other types of electric furnaces, commercial carbon masses for Soderberg electrodes, and carbon-based lining materials for metallurgical, machine-building, chemical and other industries.
According to the National Depository of Ukraine (NDU), as of the fourth quarter of 2022, Intergraphite Holdings Company Limited (Bermuda) owns 23.9841% of the company, and C6 Safe Group Limited (Cyprus) owns 72.0394%.
The authorized capital of the company is UAH 233.959 million, with a par value of UAH 3.35 per share.
In January-September 2023, Kredobank (Lviv) earned UAH 1 billion 509.44 million in net profit, while in the same period of 2022 this figure amounted to UAH 68.45 million, according to the bank’s quarterly report.
According to it, in particular, Kredobank earned UAH 594.65 million in the third quarter, which is UAH 41.6 million less than in the second quarter, but 58 times higher than the net profit for the same period last year (UAH 10.09 million).
According to the report, net interest income, which amounted to UAH 1.45 billion in the first half of 2023, increased by another 61.5% to UAH 2.34 billion in the third quarter, while in January-September 2022 it amounted to UAH 1.48 billion.
In particular, net interest income for the third quarter of this year (UAH 893.44 million) was twice as high as in July-September last year.
It is noted that net fee and commission income increased by 9.3% to UAH 387.47 million in the first nine months of this year compared to last year’s results, but in the third quarter this figure was 5.7% less than in 2022 – UAH 128.3 million.
In January-September 2023, Kredobank increased its reserves by only UAH 23.55 million against UAH 1.24 billion in the same period of 2022.
According to the report, since the second quarter of this year, the bank’s assets have increased by 6.8% and reached UAH 48.72 billion as of September 30. This growth is primarily due to a significant increase in the volume of securities – from UAH 13.51 billion in the second quarter to UAH 16.5 billion in the third quarter. At the same time, the amount of cash and funds with the NBU decreased from UAH 14.71 billion in June to UAH 13.68 billion as of September.
Loans and advances to customers increased slightly compared to the previous quarter – by 3.2% to UAH 12.43 billion, while the amounts due to other banks increased by 12.9% to UAH 4.36 billion.
At the same time, in July-September, Kredobank increased its customer accounts from UAH 39.38 billion in June to UAH 41.48 billion. During this time, the bank’s capital increased from UAH 5.08 billion to UAH 5.83 billion, including retained earnings from UAH 0.91 billion to UAH 1.5 billion.
Kredobank was founded in 1990. Its sole shareholder is the largest bank in Poland – PKO Bank Polski S.A. According to the National Bank of Ukraine, as of September 1, 2023, Kredobank ranked 14th (UAH 52.05 billion) among 64 banks operating in the country in terms of assets.
“Ukrtelecom, Ukraine’s largest fixed-line operator, posted a net profit of UAH 242.39 million in January-September 2023, compared to a net loss of UAH 755.18 million in the same period last year, the company said in a report on its website on Monday.
Ukrtelecom’s revenue decreased by 6.1% to UAH 3.14 billion in the first nine months of the year.
Gross profit increased by 26.4% to UAH 791.6 million, and EBITDA amounted to over UAH 1 billion compared to UAH 975 billion in January-September 2022, resulting in an EBITDA margin of 28%.
The company notes that amid the war, Ukrtelecom continues to develop its optical infrastructure, providing Internet access at almost 90% of the number of settlements covered by the operator’s network before the full-scale Russian invasion.
According to a release on Monday, since the beginning of the year, the company has already laid almost 4 thousand kilometers of fiber optic lines, compared to about 5 thousand kilometers in the first nine months of last year. Both new users – business representatives and individuals – are connected to the high-speed optical Internet. It is noted that in the first nine months of this year, 120 medical and 140 educational institutions were also connected to optics.
According to the report, Ukrtelecom paid UAH 1 billion in taxes and duties to the budgets of all levels in January-September 2023 compared to UAH 1.12 billion in January-September 2022, and more than UAH 70 million has already been allocated for the needs of the Ukrainian defenders (UAH 50 million in January-September 2022). Almost 400 Ukrtelecom employees are defending Ukraine in the Armed Forces of Ukraine, compared to about 350 a year ago.
Kharkiv-based aircraft manufacturer FED JSC completed January-September 2023 with net income of UAH 907 million, up 87.1% compared to the same period in 2022.
According to the company’s interim financial statements published in the NSSMC’s information disclosure system, its net profit for the period increased 2.8 times to UAH 272.5 million.
From operating activities, FED JSC received UAH 334.6 million in profit, which is 2.8 times more, and gross profit increased almost 2.3 times to UAH 432.3 million.
As reported, in January-June 2023, the company increased its net profit by 12.6 times compared to the first half of 2022, to UAH 249.43 million, while net income almost tripled to UAH 674.89 million.
Thus, in the third quarter of this year, the net profit of FED JSC amounted to UAH 23 million, which is 70.3% less than in July-September 2022, with a 9.1% drop in net income to UAH 232.1 million.
FED JSC is one of the leading enterprises in Ukraine, specializing in the development, production, maintenance and repair of aviation, space and general engineering units.
In 2022, the company reported a 2.7-fold decrease in net profit compared to 2021, down to UAH 146.77 million. Net income decreased by 2.3 times to UAH 570.9 million.
At the beginning of 2022, the company employed more than 1 thousand people.
According to the National Securities and Stock Market Commission, more than 98.2% of FED shares are owned by the company’s CEO Viktor Popov.
The net profit of state-owned Sens Bank in January-September increased by UAH 188 million to UAH 5.626 billion, the press service of the state-owned bank reported on Monday.
“About UAH 11 billion. This is the amount for which Sens Bank’s clients opened term deposits 100 days after the bank’s transfer to state ownership, which is more than 100 thousand deposits. In addition, 80% of retail customers have re-placed their savings on the bank’s deposit accounts during this time, which is one of the best indicators during the martial law period,” the bank noted.
According to the data provided, the core capital adequacy ratio (N3) of the financial institution amounted to 16.77%, and the regulatory capital adequacy ratio (N2) – 16.82%, while in August they amounted to 17.62% and 17.66%, respectively.
In addition, as the state bank emphasized, the level of corporate clients’ confidence in Sens Bank has increased significantly after the change of ownership. This is evidenced by the increase in balances on the accounts of legal entities, in particular, since the nationalization, the state-owned bank has increased its liabilities to UAH 36.4 billion from UAH 18.8 billion.
“Thus, the growth of SME liabilities amounted to 29%, and the corporate business portfolio increased by 95%. In addition, the participation of public sector enterprises in the structure of the bank’s liabilities is about 23%,” the bank said.
The press service emphasized that Sens Bank has returned to the active mode of lending to enterprises and has resumed its participation in the state program to support micro and small businesses in Ukraine “Affordable Loans 5-7-9”.
“Currently, the corporate unit is considering more than 160 loan applications from existing and potential customers totaling more than UAH 18 billion,” the release says.
According to the press service of the financial institution, Sense Bank continues to create a long-term strategy for the development of the digital bank Sense SuperApp. A key element of the bank’s digital strategy is the absolute security of customer data and money in times of war. In particular, during the 100 days of state ownership, Sense SuperApp has been updated six times, improving familiar products and offering new ones.
“Some of the functions unique to Ukraine have already been developed and tested: their announcement is expected in the near future,” the state bank emphasized.
According to the National Bank of Ukraine, as of September 1, 2023, Sens Bank ranked 11th among 64 operating banks in terms of total assets (UAH 63.02 billion). The financial institution is one of the systemically important banks in the country and has a network of about 130 branches throughout Ukraine, employing about 4 thousand employees. Sens Bank serves about 3 million individuals and 58 thousand legal entities, as well as 86 thousand individual entrepreneurs.
In January-September 2023, the state-owned company for the import and export of military and special services Ukrspetsexport earned a net profit of UAH 88.28 million, almost three times more than in the same period in 2022 (UAH 22.21 million).
According to the interim financial report of the state-owned company in the NSSMC disclosure system, net income increased by 91.9% to UAH 22 billion 028 million.
The company earned UAH 196.08 million in profit from operating activities, up 2.3 times, and gross profit doubled to UAH 1 billion 113 million.
At the same time, according to the company’s report to the NSSMC, in the first half of this year, Ukrspetsexport increased its net profit by 3.5 times compared to January-June 2022, to UAH 66.75 million, with net income growing by 2.8 times, to UAH 15 billion 159 million.
Thus, according to the results of the third quarter, the net profit of the state-owned company increased 7.3 times by July-September 2022 to UAH 21.53 million, while net income increased by 14.8% to UAH 6 billion 869.5 million.
As reported, in March 2022, Ukrspetsexport and its two subsidiaries, the specialized foreign trade company Progress and the foreign trade enterprise Spetstechnoexport, were temporarily excluded from the state concern Ukroboronprom and transferred to the Ministry of Defense by a government decision.
According to the National Securities and Stock Market Commission, in 2022, the state-owned company reduced its net profit by almost 2.5 times compared to 2021, to UAH 49.87 million, and its net income increased 12 times, to UAH 24 billion 174 million.
At the beginning of this year, the company employed 366 people (427 a year earlier).
