Business news from Ukraine

Business news from Ukraine

Nova Poshta increased its net profit by 2.6%

Nova Poshta, Ukraine’s leading express delivery company, increased its unconsolidated net profit by 2.6% in the second quarter of 2025 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’s information disclosure system, revenue in the second quarter grew by 22.9% to UAH 12 billion 712.14 million.

In total, 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.
It is 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.

The lower net profit is due to the fact that in January-June last year, Nova Poshta received UAH 1 billion 340.82 million in other financial income, while in the same period this year, it received UAH 341.15 million, but at the same time increased its income tax payments to UAH 227.01 million from UAH 83.43 million.

The report also states that at the end of May, the company decided to issue a new four-year series H bond issue for UAH 1 billion with a nominal yield of 16% in the first year and UIRD+3 percentage points in the following three years.

As of mid-2019, Nova Poshta had obligations under three bond issues of series “E,” “F” and “G” for UAH 995.82 million maturing on July 30 this year, UAH 998.45 million maturing on June 1 next year, and UAH 999.38 million maturing on May 2, 2027.

The company’s bank liabilities as of the middle of this year decreased to UAH 6 billion 388.72 million from UAH 6 billion 635.01 million a quarter earlier.
The main activity of Nova Poshta is express delivery of documents, parcels, and palletized large-size 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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Interpipe NTZ’s net profit fell 12.5 times in 2024

PJSC Interpipe Nizhnedneprovsky Pipe Rolling Plant (Interpipe NTRP, Dnipro) reduced its net profit by 12.5 times compared to the previous year, to UAH 59.855 million from UAH 748.896 million, according to the results of its operations in 2024.

According to the annual report, a copy of which is available at the Interfax-Ukraine news agency, net income for this period decreased by 20% to UAH 8 billion 317.201 million.

Undistributed consolidated profit at the end of 2024 amounted to UAH 3 billion 929.336 million.

As reported, Interpipe NTRP reduced its consolidated net profit for the first nine months of 2024 by 57.6% compared to the same period in 2023, to UAH 501.810 million from UAH 1 billion 183.320 million, and net income by 28.3% to UAH 6 billion 229.471 million.

The company ended 2023 with a consolidated net profit of UAH 748.896 million, compared to a loss of UAH 1 billion 233.944 million in 2022.

Interpipe NTRZ manufactures railway products.

According to the NDU for the first quarter of 2025, Interpipe Ukraine LLC owns 12.0902% of its shares, KLW Limited (Cyprus) – 60.8197%, and Interpipe Limited (Cyprus) – 21.8405%.

The authorized capital of PJSC Interpipe NTRP is UAH 100 million, and the par value of a share is UAH 0.25.

 

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PrivatBank increased its net profit by 7.1%

State-owned PrivatBank (Kyiv) received UAH 17.9 billion in net profit in April-June 2025, which is 7.1%, or UAH 1.1 billion, more than a year ago, when net profit amounted to UAH 16.7 billion.

The bank’s pre-tax profit amounted to UAH 22.7 billion, which is 7.6%, or UAH 1.6 billion, more than in the second quarter of 2024.

According to the report, PrivatBank’s net interest income increased by 20.2% compared to the second quarter of 2024, to UAH 19.2 billion, while net commission income increased by 8.4%, to UAH 6.9 billion.

Net income from foreign exchange transactions for the reporting period increased by 4.9% to UAH 1.46 billion. In the second quarter of 2025, PrivatBank significantly reduced losses from foreign currency revaluation to UAH 306 million, compared to UAH 1.1 billion in the same period last year.

At the same time, employee compensation expenses increased by 31.9% to UAH 3.8 billion, while other operating and administrative expenses increased by 23.7% to UAH 2.9 billion.

Funds in accounts of individuals in the second quarter of 2025 increased by 12.7%, or UAH 73.5 billion, to UAH 654.7 billion, and the number of individual customers increased to 18.04 million.

The volume of PrivatBank’s loans and advances remained stable overall, but their structure changed significantly. In particular, the bank reduced its investments in NBU deposit certificates by 35.1%, from UAH 112.2 billion in the second quarter of 2024 to UAH 72.8 billion in the second quarter of 2025. At the same time, term deposits with other banks increased 10.4 times, from UAH 3.8 billion to UAH 44.3 billion.

It is noted that PrivatBank’s loan portfolio grew by 26.8% to UAH 130.1 billion, and the number of the bank’s business clients increased from 918,000 to 930,000.

At the same time, PrivatBank’s total assets for the second quarter of 2025 increased by 3.9%, or UAH 29.1 billion, to UAH 781.9 billion compared to the first quarter.

As of June 30, 2025, PrivatBank had 1,170 separate divisions registered in the State Register of Banks. Of these, 9 are branches, 1 is a representative office, and 1,160 are offices belonging to various classification groups. Of these branches, 65 are temporarily closed, including 19 in the Luhansk region, 15 in the Donetsk region, 21 in the Zaporizhzhia region, and 10 in the Kherson region.

According to the National Bank of Ukraine, as of April 1, 2025, PrivatBank ranked first in terms of total assets among 60 banks, with UAH 945.4 billion, or 25.2% of the market.

 

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Domino’s Pizza increased revenue by 4%, but profit decreased by 8%

The pizza chain Domino’s Pizza Inc. increased its revenue by 4% in the second quarter of fiscal year 2025, while its net profit decreased by 8%.

According to the company’s press release, quarterly revenue amounted to $1.15 billion compared to $1.1 billion in the same quarter last year.

Domino’s Pizza’s net profit for the quarter ended June 15 fell to $131.1 million from $142 million a year earlier. Earnings per share decreased to $3.81 from $4.03, which was worse than the consensus forecast of $3.95 of analysts polled by LSEG.

The decline in net income was due, in particular, to a change in the company’s investment in DPC Dash Ltd.

Comparable sales of Domino’s in the United States grew by 3.4% last quarter, which was better than the average analyst forecast (+2.2%). Comparable sales abroad increased by 2.4%.

Last quarter, 178 Domino’s restaurants were opened, including 30 in the United States.

The company’s shares jumped 5.3% in pre-market trading on Monday. Since the beginning of this year, their value has increased by 11%.

 

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“Dneprometiz-TAS” increased its profit by almost 21%

Dneprometiz-TAS LLC (Dnipro), owned by Ukrainian businessman Sergiy Tigipko, increased its net profit by 20.8% year-on-year to UAH 8.936 million in January-June this year.

According to the company’s interim report, net income increased by 8% to UAH 1 billion 756.245 million in the period under review.

At the same time, the company’s retained earnings amounted to UAH 271.984 million at the end of June.

As reported, in the first quarter of 2025, Dneprometiz-TAS increased its net profit by 0.6% compared to the same period in 2024 to UAH 3.938 million, while net income decreased by 0.58% to UAH 778.319 million.

“In 2024, Dneprometiz-TAS increased its net profit by 47.7% compared to 2023, to UAH 14.197 million from UAH 9.610 million, while net revenue increased by 22.7% to UAH 3 billion 285.688 million. At the same time, the company’s retained earnings amounted to UAH 263.048 million at the end of 2024.

“In 2023, Dneprometiz reduced its net profit by 2.6 times 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.

 

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Stalkanat’s net profit decreased by 34% in 2024

Stalkanat Production Association (Odesa) reduced its net profit by 34% year-on-year to UAH 184.808 million from UAH 280.060 million in 2024.
According to the company’s annual report, last year the company increased its net income by 33.3% to UAH 4 billion 436.786 million.

Retained earnings at the end of 2024 amounted to UAH 437.815 million.
The company shipped 90.089 thousand tons of steel products in 2024. The share of exports was 48% in physical terms. Last year’s capital investments 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.

As reported, in 2023, Stalkanat reduced its net profit by 13.8% compared to 2022, to UAH 280.060 million from UAH 325.073 million, but increased its net income by 3.1%, to UAH 3 billion 328.170 million. Retained earnings at the end of 2023 amounted to UAH 373.626 million.

In 2023, the company shipped 72.593 thousand tons of steel products, with an export share of 53% in physical terms. Capital investments in 2023 amounted to UAH 164.815 million.
“Stalkanat is one of the largest producers of steel ropes and reinforcing strands in Eastern Europe and a leader in the production of hardware products in Ukraine.

As of the first quarter of 2025, David Nemyrovsky holds a 50% stake, Anton Mikhalenko (non-resident) – 23.7%, and Maria Kondratyuk – 23.1%. Earlier, the company reported that an individual, Vitaliy Dubovich, owned 3.199998% of its shares.

The authorized capital of Stalkanat currently amounts to UAH 17.736 million, with a share price of UAH 0.17.

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