The state-owned joint-stock company “Ukragroleasing” (Kyiv), which is in the process of large-scale privatization, reported a net profit of UAH 2.11 million for 2025, compared to UAH 1.99 million in 2024, according to the National Securities and Stock Market Commission (NSSMC).
According to the issuer’s annual report, the financial plan for net profit was fulfilled at 107.3%. Net revenue from sales of products (goods, works, services) for the reporting period decreased by 12.9% compared to 2024—to UAH 185.61 million. Net profit per common share for the year amounted to UAH 0.18, compared to UAH 0.17 a year earlier.
The report notes that the company’s operations in 2025 took place amid challenging conditions in the financial services market, driven by macroeconomic instability, inflationary pressures, and the effects of martial law. Ukragroleasing’s financial results were affected by limited opportunities to increase revenue from interest and commissions amid fluctuations in bank rates. Martial law conditions also led to a deterioration in the financial condition of enterprises and a decline in their purchasing power.
The company is implementing a set of measures to strengthen financial stability. In particular, in agreement with the Ministry of Economy, Environment, and Agriculture and the State Property Fund of Ukraine, revenue from property rentals was increased: in 2025, it grew 2.3 times compared to the planned figures—to UAH 8.08 million against a plan of UAH 3.51 million.
The value of Ukragroleasing’s assets as of the end of 2025 increased by 3.1%—to UAH 444.26 million compared to UAH 430.7 million at the beginning of the year. The company’s non-current assets increased by 4.5% over the year, from UAH 223.04 million to UAH 233.02 million, while current assets rose by 1.3%, from UAH 207.66 million to UAH 210.36 million. The company’s equity as of December 31, 2025, increased by 0.1% to UAH 409.52 million, compared to UAH 408.96 million a year earlier, with registered capital remaining unchanged at UAH 1.17 billion.
The company’s current liabilities increased by 46.8% during 2025—from UAH 21.74 million to UAH 31.92 million—and long-term liabilities of UAH 2.82 million appeared, which were absent a year earlier.
The report notes that “Ukragroleasing” continues to operate without drawing funds from the state budget. In 2024, the company joined the government program “Affordable Financial Leasing 5-7-9,” under which it transferred equipment worth UAH 73.83 million to farmers in 2025.
As reported, the State Property Fund of Ukraine (SPFU), which acts as the sole general meeting of NAK “Ukragroleasing,” required the company to allocate 80% of its profit to dividend payments based on the results of its financial and operational activities in 2024. The total amount of annual dividends for 2024 was approved at UAH 1.59 million.
“Ukragroleasing” was founded in 1999. It provides financial leasing of agricultural machinery and equipment at 7% per annum for a term of five to seven years. The NJSC comprises maintenance enterprises, logistics and supply units, and machine and technical stations.
The sole owner of the company is the state, represented by the State Property Fund of Ukraine (SPFU). The company has 25 separate branches. By Order of the SPFU No. 775 dated June 8, 2018, a decision was made to privatize 100% of the company’s shares.
The state-owned specialized enterprise “Forests of Ukraine” increased its pre-tax profit 3.7-fold in January-March 2026 compared to the same period in 2023—to 3 billion UAH, the company reported on Facebook.
According to the published data, the company’s net revenue for this period grew by 87% to UAH 8.6 billion. Timber harvesting volumes increased by 50% to nearly 3 million cubic meters. The pre-tax profit margin rose from 17.5% to 34.9%.
“Our results are not a coincidence or a matter of favorable market conditions. This is the result of systematic, comprehensive work,” the statement emphasizes.
The company attributes the growth in performance to the implementation of an open system for the sale of forest products, transparent procurement through Prozorro, and the discontinuation of non-core activities, particularly wood processing. Additionally, the company optimized its workforce: the number of employees decreased over three years from 30,000 to 21,000.
According to the state-owned enterprise, the average salary of forestry workers in the first quarter of 2026 rose to 38,000 UAH, compared to 15,000 UAH in the first quarter of 2023. At the same time, administrative expenses as a percentage of the payroll fund decreased from over one-third to 17%.
The amount of taxes paid to budgets at all levels during the reporting period increased by 166% and amounted to 4 billion UAH.
Ltava Plant JSC (Poltava), a manufacturer of electrical connectors and switching equipment, ended the first quarter of 2026 with a net profit of UAH 41.64 million, which is slightly higher than the corresponding figure for January–March 2025.
According to the company’s interim financial report in the financial reporting system, its net revenue decreased by 27% to UAH 122.45 million.
The plant also published its 2025 financial report in the NSSMC disclosure system, according to which net profit decreased by 8.8% compared to 2024—to UAH 156.2 million—while net revenue increased by 32.2%—to UAH 627 million.
Over the past year, the plant increased its operating profit by 71.2% to UAH 136 million, while gross profit rose by 51.6% to UAH 332.8 million.
The Ltava plant is a specialized enterprise engaged in the development and manufacture of electrical connectors, switching devices, contact devices, and sockets for microelectronics.
According to data from the National Securities and Stock Market Commission (NSSMC) for the fourth quarter of 2025, Ivan and Lesya Rybalko hold nearly 44.57% and 19% of the company’s shares, respectively, while Supervisory Board Chairman Serhiy Zmiyevets holds 36.43%.
State-owned PrivatBank (Kyiv) reported a net profit of 12.8 billion hryvnias for January–March 2026, which is 24.3%, or 4.1 billion hryvnias, less than in the same period of 2025, the bank announced on its website.
It is noted that the bank’s pre-tax profit for the first quarter of 2026 amounted to UAH 25.9 billion, which is 17%, or UAH 3.8 billion, more than a year earlier.
In the first quarter of this year, PrivatBank paid UAH 44.1 billion in taxes, of which UAH 42.1 billion was income tax for the fourth quarter of 2025.
Customer deposits as of the end of the first quarter of 2026 increased by 19%, or UAH 111.6 billion, compared to the same period last year—to UAH 724.4 billion.
The bank’s net loan portfolio grew by 44%, or UAH 52.2 billion, year-over-year, and by 8.8%, or UAH 13.7 billion, compared to the beginning of 2026—reaching UAH 170 billion.
The number of active Privat24 users increased by 2% over the year—to 13.7 million—and the number of active business clients by 4%, to 952,000, while the number of active individual clients stood at 18 million.
According to the bank’s data, in the first quarter of 2026, the bank allocated UAH 130.26 million to charity.
The bank’s infrastructure includes 7,400 ATMs and nearly 9,900 TCOs, while the number of POS terminals as of April 1, 2026, exceeded 345,000.
PrivatBank is Ukraine’s largest state-owned bank. According to the National Bank, the financial institution’s total assets as of March 1, 2026, amounted to 963.77 billion UAH (23.0% of the total).
PJSC “Nikopol Plant of Technological Equipment” (NZTO, Dnipropetrovsk region) increased its net profit by 56.3% in 2025 compared to 2024—to UAH 25.068 million from UAH 16.037 million.
According to the company’s annual report, net revenue for the past year reached UAH 1.081439 billion, compared to UAH 589.268 million in 2024.
Retained earnings as of the end of 2025 amounted to UAH 91.761 million.
As reported in NZTO’s 2024 annual report, the average headcount of full-time employees was 198. Net profit for 2024 amounted to UAH 16.037 million, for 2023 – UAH 24.558 million, and net revenue – UAH 589.268 million (UAH 415.235 million).
The shareholders intend to transform NZTO from a private joint-stock company into a limited liability company.
Private Joint-Stock Company “NZTO” was established on the basis of the tooling complex of the Pivdentrub Plant in November 2001. The company combines metal forming (forging), foundry production, machining, and heat treatment.
PJSC “Nikopol Plant of Technological Equipment” is engaged in the production of tools and metal structures, as well as the processing of metal waste and scrap.
According to the National Securities and Stock Market Commission (NSSMC) data for the fourth quarter of 2025, LLC “VKP ‘YUVIS’ (Dnipropetrovsk region) owns 24.9840% of PJSC ”NZTO,” Wolbert Company Limited (Cyprus) owns 24.99%, PrJSC “Centravis Production Ukraine” and LLC “Interpipe Nico-Tube” each hold 25.01% of the shares.
The PrJSC’s authorized capital is 16,605,400 UAH, and the par value of one share is 1 UAH.
Nova Poshta, part of the NOVA Group and the leader in express delivery in Ukraine, increased its revenue from ordinary activities for January-March 2026 by 26.9% compared to the same period in 2025, reaching UAH 14.98 billion.
According to Nova Poshta’s published report, its net profit increased 4.4-fold to UAH 1.28 billion.
Gross profit rose by 20.7% to UAH 2.71 billion, while operating profit decreased by 10.3% to UAH 0.79 billion.
The report notes that in January–March 2026, net cash flows from investing activities generated a profit of UAH 1.68 billion, compared to a loss of UAH 0.48 billion in the previous year.
In February 2026, the company sold a 99.24% stake in its subsidiary Novobox LLC for UAH 1.46 billion. According to YouControl data, the new owner is the Cypriot company NP Holdings Limited, whose beneficiaries, like those of Nova Poshta, are Volodymyr Poperechnyuk and Vyacheslav Klimov. After the sale, the company was renamed “Nova Box.”
Nova Poshta’s equity grew over the year from 11.7 billion UAH to 13.4 billion UAH.
It is noted that in the first quarter of 2026, the company opened 2,600 new parcel lockers, 36 branches, and 329 parcel pickup and drop-off points.
By the end of 2026, the company plans to expand its network of parcel lockers by 6,000 units and open 300 mini-branches across the country.
As reported, in 2025, Nova Poshta increased its revenue by 21.6% compared to 2024—to 54.2 billion UAH, while net profit rose by 4.4%—to 2.6 billion UAH.
The company’s gross profit in 2025 increased by 15.7% compared to 2024—to 11.4 billion UAH, while operating profit also rose in 2025 by 25.8%—to 5.2 billion UAH.
The number of parcels and shipments delivered last year grew by 7.4%—from 486 million to 522 million—including international shipments, which rose by 52.6%, from 19 million to 29 million.
