Energoatom in the first half of 2021 received UAH 1.124 billion of net profit against UAH 2.651 billion of net loss in January-June 2020.
According to the company’s financial statement for the first half of 2021, its net income from product sales decreased by 9.4% compared to the same period in 2020, to UAH 24.011 billion, gross profit – by 2.8 times, to UAH 2.734 billion.
As follows from the notes to the interim financial statements of Energoatom, as of June 30, the total amount of accumulated losses of the company stood at UAH 43.511 billion, having decreased since the beginning of the year by 1.5% (by UAH 638.570 million).
The positive net worth of Energoatom as of the indicated date increased by 8%, to UAH 130.554 billion.
The document lists a number of positive factors that contributed to the improvement of the company’s financial indicators in the first half of the year. One of them is an increase from January 1, 2021 of the ceiling price at which Energoatom sells electricity to state-owned company Guaranteed Buyer for the needs of the population from UAH 10 to UAH 150/MWh.
In addition, from February 1 to April 9, Guaranteed Buyer repaid UAH 4.125 billion of debt to Energoatom by attracting loans from state banks to Ukrenergo.
Another positive factor is the forecast electricity balance for 2021 approved by the Ministry of Energy of Ukraine. It provides for an increase in the production of electricity by nuclear power plants by 2.08% (by 1.533 billion kWh) compared to 2020, to 75.233 billion kWh.
The net profit of First Ukrainian International Bank (FUIB, Kyiv) in January-March 2021 amounted to UAH 1 billion, which is 23.3% more than in the same period in 2020 (UAH 810.9 million), the bank said on its website. According to the report, the bank’s net interest income in the first quarter increased by 20.7% compared to the same period a year earlier, to UAH 2.03 billion, and commission fees – by 5%, to UAH 439 million.
FUIB’s assets in the first three months of the year increased by 12.8%, to UAH 84.877 billion, in particular loans to customers – by 5.5%, to UAH 39.6 billion, and cash and cash equivalents – by 1.5 times, to UAH 21.26 billion.
The bank’s liabilities increased by 15%, to UAH 75.456 billion, in particular, customer funds – by 17%, to UAH 67.3 billion, and debt to other banks – by 35.7%, to UAH 1.84 billion.
The bank’s net worth decreased by 2.7% in three months, to UAH 9.42 billion. The charter capital remained at the level of UAH 4.78 billion.
FUIB was founded in 1991. Rinat Akhmetov is the owner of a significant stake in the bank (indirect participation is 99.9%).
According to the National Bank of Ukraine, as of March 1, 2021, in terms of total assets (UAH 85.516 billion) FUIB ranked seventh among 73 banks operating in the country.
According to the results of January-March 2021, NJSC Naftogaz Ukrainy received a net profit of UAH 12.6 billion, which is almost four times more than in the first quarter of last year (UAH 3.2 billion), said the Group’s Chief Financial Officer Peter van Driel. “We previously stated that we expect Naftogaz to be profitable in the first quarter. I am pleased to announce that net profit in the first quarter of 2021 is UAH 12.6 billion (unaudited preliminary result, which is subject to further verification),” he wrote on his Facebook page.
The business environment is showing clear signs of recovery with higher prices and greater demand than last year, he said.
“The expected result shows our resilience: profitability has improved for three quarters in a row. Our transformation efforts are paying off. The Naftogaz team has stepped up this quarter and showed an outstanding result! I want to thank everyone for their great contribution,” he said.
In 2020, the KSG Agro agricultural holding reduced its net profit by 3.2 times compared to 2019 – to $1.27 million, while increasing EBITDA by 3.1 times – $6.532.
According to an unaudited report of the holding on the website of the Warsaw Stock Exchange, its revenue over the past year decreased by 11% – to $21.34 million.
At the end of 2020, KSG Agro increased its gross profit by 2.6 times – up to $6.59 million, and operating profit by 11.8 times – up to $4.87 million.
The state-owned enterprise Artyomsol (Donetsk region) in January-March 2021 increased its net profit 5-fold compared to January-March 2020, to UAH 10.1 million, the enterprise has said on its website on Tuesday.
The net income of the enterprise for the first quarter of 2021 increased almost 1.5-fold compared to the same period in 2020, to UAH 437.5 million.
The growth of financial and economic indicators is explained by the increase in production volumes: in the first quarter, production increased 2.5-fold, to 503,300 tonnes.
The plans for 2021 are to invest UAH 250 million in replacing outdated filling equipment, and to update the range of products.
Artyomsol is one of the largest enterprises for the extraction and sale of sodium chloride (NaCl) in Central and Eastern Europe. The production facilities of Artyomsol are located in Soledar, Donetsk region.
The net profit of Raiffeisen Bank Aval JSC (Kyiv) in January-March 2021 amounted to UAH 1.087 billion, which is 4.9% more than in the same period of 2020 (UAH 1.037 billion).
According to a report on the website of the financial institution, in the first quarter of 2021, the bank’s net interest income amounted to UAH 1.81 billion, net commissions reached UAH 561.39 million, which is 2.7% and 10.3% less than in January-March 2020, respectively.
The bank’s assets in the first three months grew by 1.5%, to UAH 108.86 billion, including a 1.4-fold rise in cash and cash equivalents, to UAH 22.38 billion, and a 3.7% increase in loans to customers, to UAH 47.41 billion.
The bank’s liabilities grew by 0.5%, to UAH 94.9 billion, including a rise of 3.5% in liabilities to customers, to UAH 91.3 billion.
The bank’s equity capital grew by 8.2%, to UAH 13.95 billion, while the charter capital remained unchanged (UAH 6.16 billion).
Raiffeisen Bank Aval was founded in 1992. As of January 1, 2021, its largest shareholders were Raiffeisen Bank International with 68.27% of shares and the European Bank for Reconstruction and Development (EBRD) with 30%.
According to the NBU, as of March 1, 2021, Raiffeisen Bank Aval ranked fifth in terms of total assets (UAH 118.336 billion) among 73 operating banks
