The National Complex “Expocenter of Ukraine” (VDNKh, Kyiv) received UAH 42 million in operating profit in 2024, gross income amounted to UAH 217 million, its press service reported the results of the audit.
“VDNG has successfully passed an independent audit for 2024. Operating activities: gross revenue – UAH 217 million (a 10-fold increase compared to 2015); operating profit – UAH 42 million (a 10-fold increase compared to 2015 and a twofold increase compared to 2023). Taxes to the state and local budgets amounted to UAH 35 million. This is a record figure for the entire period of the Expocenter’s existence,” the company said in a Facebook post.
According to the information, the number of employees remained unchanged and amounted to 148 people.
In addition, last year, 5.1 thousand square meters of roads and squares were repaired on the territory of the Expocenter, lighting was updated, four ramps were installed, and other infrastructure projects were implemented.
It is noted that this year, work continues on the implementation of the barrier-free greenhouse, as well as the conceptualization and design of the VDNH Food Plaza.
As reported, in 2024, the Expocenter received 4.5 million visitors, which is 10% higher than in 2023.
PrJSC Lutsk Foods (Volyn region), one of the largest producers of grocery products in Ukraine, received UAH 32.28 million in net profit in 2024, which is 29.1% less than a year earlier.
According to the agenda of the annual general meeting of shareholders scheduled for April 30 this year in remote mode, shareholders are proposed to leave the company’s net profit for 2024 in the amount of UAH 32.284 million undistributed.
In addition, the shareholders are proposed to approve the report of the company’s supervisory board for 2024 and recognize the work of the supervisory board as satisfactory based on the results of 2024, approve the conclusions and measures based on the results of the review of the audit report of Grant Thornton Legal LLC and extend the work with this auditor for a year.
The shareholders should also approve a number of loan agreements concluded in 2023-2025 with PJSC Bank Vostok and allow the Chairman of the Management Board to enter into significant transactions during the year to attract investments in the modernization of production facilities and production premises, the maximum aggregate value of each of which should not exceed UAH 300 million.
According to the Opendatabot service, in 2024, Lutsk Foods PJSC reduced its revenue by 3.3% to UAH 828.13 million, while its debt obligations increased by 26% to UAH 118.36 million and its assets by 14.8% to UAH 304.96 million. The number of employees decreased by 15 people to 340. The authorized capital is UAH 16 million. The ultimate beneficiary is Oleg Khodachuk through the Closed Non-Diversified Corporate Investment Fund Theseus JSC.
PJSC “Lutsk Foods” was founded in 1997 on the basis of the Lutsk City Food Plant, established in 1945. The company produces a wide range of tomato paste-based sauces, as well as ketchup, adjika, mustard, mayonnaise and various types of vinegar under the Runa, Ridniy Krai and Sribnytsia trademarks. Since 2009, the company has been cooperating with a number of retail chains and produces more than 40 products under their private label. Lutsk Foods exports its products to the markets of more than 20 countries.
Ukrnafta’s net profit for 2024 amounted to UAH 16.38 billion, the company’s CEO Sergiy Koretsky said on Facebook on Tuesday.
“Now it is official (…) Crowe Erfolg has completed an independent international audit of Ukrnafta. Every figure is confirmed by official reporting,” he wrote.
According to the CEO, for the second year in a row, the company has demonstrated an increase in oil and gas production, growth in sales of petroleum products and an increase in market share in the filling station segment.
“Ukrnafta is the largest oil producer in Ukraine and the operator of the national network of filling stations. In March 2024, the company took over the management of Glusco assets and operates 546 filling stations – 462 owned and 84 managed.
The company is implementing a comprehensive program to restore operations and update the format of its filling stations. Since February 2023, the company has been issuing its own fuel coupons and NAFTAKarta cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.
Ukrnafta’s largest shareholder is Naftogaz of Ukraine with a 50%+1 share.
In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer to the state a share of corporate rights of the company owned by private owners, which is currently managed by the Ministry of Defense.
Korosten Chemical Engineering Plant JSC (Khimmash, Zhytomyr region) ended 2024 with a net profit of UAH 4.22 million, which is 2.4 times less than the same figure for 2023 (UAH 10.18 million), according to the information on the agenda of the general shareholders’ meetings for 2023 and 2024.
According to the draft resolutions of the meeting scheduled for April 29, it is planned to allocate 5% of net profit for each year (UAH 0.51 million for 2023 and UAH 0.21 million for 2024, respectively) to the company’s reserve fund, while UAH 9.67 million and UAH 4 million will be used to cover losses of previous years.
The shareholders also plan to approve the company’s financial and economic results for two years, reports of the management bodies, and give preliminary consent to a number of transactions.
Founded in 1949, Khimmash specializes in the manufacture of heat exchangers, condensers, refrigerators and evaporators for the oil refining, petrochemical and chemical industries, air cooling units, refrigeration and cryogenic equipment, and heating boilers.
According to the company’s website, in 2024, the plant increased production by 53.5% and exported almost 50% of its products.
“The main task in 2025 is to maintain and increase the achieved result. We plan to gradually upgrade and modernize industrial equipment and expand production capacity. A significant amount of investment will be directed to increase the construction of solar power plants,” the website says.
According to the company, in the fall of 2024, it launched the second stage of its own solar power plant, and currently has two substations with a total capacity of 420 kW, which allows it to fully provide electricity for the production cycle.
Helios Strategia (Dnipro) was the contractor for the construction of the solar power plant. The plants are currently operating on a backup basis only.
According to the National Securities and Stock Market Commission, as of the third quarter of 2024, more than 98% of the authorized capital of Khimmash JSC belongs to the local Tis-Company LLC, and the ultimate beneficiary, according to the Clarity Project, is entrepreneur Motrona Tyshchenko, who, in particular, is the beneficiary of the Zhytomyrski Lasoshchi Trading House.
In 2024, the Korosten-based Khimmash plant increased its revenue by 17% compared to 2023, to UAH 167 million.
The pharmaceutical company PJSC SIC Borshchahivskiy Chemical Pharmaceutical Plant (BCPP, Kyiv) increased its net profit by almost 17% in 2024 compared to 2023, to UAH 273.402 million.
As the company reported in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), the shareholders will consider the company’s performance results at a meeting on April 30.
The shareholders will consider the allocation of UAH 40.369 million from the net profit for 2024 to pay dividends.
In addition, the agenda includes the termination of the powers of the Supervisory Board (SB) members Tetyana Artemenko, Mykola Bezpalko, Oleg Goloborodko (all three are ultimate beneficial owners) and Dmytro Guz. The new composition of the SB will be proposed by shareholders and is not currently on the agenda of the meeting.
As reported, BCPP’s net profit in 2023 increased by 3.38% compared to 2022 to UAH 262.863 million.
As of the first quarter of 2023, 31.8% of BCPP shares were owned by the pharmaceutical company PrJSC “Pharmaceutical Firm ‘Darnitsa’ (Kyiv). Other shareholders of the company were Beldor Group (21.26%) and Lenik Group (20.32%).
According to the Opendatabot system, the ultimate beneficiaries of BCPP are Hlib Zahoriy, the beneficiary of the Darnitsa Pharmaceutical Company, Yevhen Sova, Tetiana Artemenko, Mykola Bezpalko and Oleh Holoborodko.
According to the results of 2024, Donbass Clay PrJSC (Dorozhne village, Donetsk region) increased its net profit three times compared to 2023 – up to UAH 247.477 million from UAH 81.997 million.
According to the agenda of the annual general meeting of shareholders of the company scheduled for April 29, which will be held in person at the company’s Kyiv office, published in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), it is planned to consider the report of the executive body on the results of the company’s financial and economic activities for 2024 and make a corresponding decision.
In addition, the agenda includes consideration of the report of the Supervisory Board and the auditor, approval of the results of financial and economic activities for 2024, distribution of profits, and decision on the preliminary granting of consent to enter into significant transactions.
The draft resolutions, a copy of which is available to Interfax-Ukraine, propose, in particular, to distribute the company’s net profit among shareholders and consider the possibility of paying dividends, to approve the payment of net profit for 2024 as dividends to shareholders.
According to the information for the meeting, retained earnings at the end of 2024 amounted to UAH 557.511 million. In 2024, the company earned a net profit of UAH 247.477 million, with a per-share value of UAH 2 million 474.770 thousand and a number of shares of 100.
As reported earlier, in 2023, Donbass Clays PrJSC decreased its net profit by 2.5 times compared to 2022 to UAH 81.997 million, while net income decreased by 7.7% to UAH 371.889 million. Retained earnings at the end of 2023 amounted to UAH 310.034 million.
In 2022, Donbass Clays reduced its net profit by 9.4 times compared to 2021, to UAH 32.217 million from UAH 302.512 million. In 2021, the company increased its net profit by 51.1% compared to 2020, to UAH 302.512 million from UAH 200.216 million.
Donbass Clays was established in 1995. The company is engaged in the extraction and supply of clays and composites from deposits in Donetsk Oblast.
At the end of 2015, the Dutch Watts Blake Bearne International Holdings B.V., a part of the British Watts Blake Bearne (the world’s largest producer of lump clay – IF-U), increased its stake in the authorized capital of Donbass Clay PJSC to 99% from 49%.
According to the third quarter of 2024, Watts Blake Bearne International Holdings B.V. owns 99% of the shares in the company.
The authorized capital of Gliny Donbassa PrJSC is UAH 526.9 thousand, the nominal value of 1 share is UAH 5269.18.
