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The plans for 2021 are to invest UAH 250 million in replacing outdated filling equipment, and to update the range of products.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
Metal Holding Trade LLC, one of the metal trading companies in Ukraine, in 2020 reduced its net profit by 23% compared to the previous year, to UAH 13.838 million.
According to the annual report of the enterprise in the information disclosure system of the National Securities and Stock Market Commission, the company in 2020 reduced its net income by 3.4%, to UAH 35.754 million.
Retained earnings over the last year amounted to UAH 123.036 million.
Metal Holding Trade LLC (Kyiv) is engaged in the wholesale trade of metals, and the production of metal structures.
PrJSC Ivano-Frankivskcement (Yamnytsia, Ivano-Frankivsk region) received UAH 1.31 billion in net profit in 2020, which is 60% more than in 2019.
According to the company’s report in the information disclosure system of the National Securities and Stock Market Commission on the online annual meeting of shareholders on May 20, net earnings per share amounted to UAH 990.18 (versus UAH 618.68 in 2019).
Retained earnings of the company in 2020 increased by 37% compared to the previous year, to UAH 3 billion. Total accounts receivable increased by 56.4%, to UAH 533.5 million, long-term liabilities decreased by 24.7%, to UAH 772.9 million, and current ones by 1%, to UAH 1.27 billion.
Over 2020, the company’s assets increased by 12% and amounted to UAH 5.31 billion.
In addition, the shareholders intend to allocate UAH 215 million to pay dividends from profits for 2018 and 2019, and retain profit received over the last year. It is also planned to terminate the powers of the entire supervisory board of the company.
PrJSC Ivano-Frankivskcement was established in 1999 by transforming Ivano-Frankivsk Cement and Slate Combine, based on the cement plant in 1964. It is engaged in the production of cement, slate, plaster, and gypsum medical bandage. The enterprise exports its products to Romania, Moldova, and Belarus.
The major shareholder of the company for the first quarter of 2020 was CemIn West SA (96.6125%, Geneva, Switzerland). The ultimate beneficiary is Mykola Kruts.
The charter capital totals UAH 133.1 million as of for April 2021.
PJSC Donbasenergo in 2020 received a net profit of UAH 29.090 million against UAH 69.997 million of net loss in 2019.
This is stated in the agenda of a meeting of shareholders of the generating company scheduled for April 26, 2021.
According to it, the shareholders will consider two options for distributing profits: directing 30% (UAH 8.727 million) or 50% (UAH 14.545 million) of profit received in 2020 for dividend payments.
The rest of the profit (70-50%) is proposed to be directed to the production development fund.
Donbasenergo owns Starobesheve TPP (located in the occupied territory) and Sloviansk TPP with a total installed capacity of 2,880 MW. In March 2017, the generating company announced the loss of control over the operation of Starobesheve TPP, as well as part of the structural units located in the temporarily uncontrolled territory.
PrJSC Energoinvest Holding owns 60.86% of Donbasenergo shares, another 25% of the generating company is owned by the state.
