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.
The solvent banks of Ukraine in January-February 2021 received UAH 6.491 billion of net profit, which is 2.5 times less than in the same period of 2020 (UAH 15.877 billion), according to data published on the website of the National Bank of Ukraine (NBU).
According to the data, the income of banks for the two months of this year decreased by 1.3 times against the indicator for the same period last year, to UAH 35.089 billion. In particular, the result from revaluation and from sales and purchases was negative and amounted to UAH 3.856 billion, while in the same period last year it was positive and amounted to UAH 7.865 billion.
At the same time, commission income grew by 15.9%, to UAH 12.379 billion
The expenses of the banking system in January-February 2021 decreased by 5.8% compared to this indicator in 2020, to UAH 28.598 billion, in particular, payments to reserves by 21.9%, to UAH 1.048 billion. At the same time, commission expenses increased by 26.5%, to UAH 4.715 billion.
As reported, Ukrainian banks in 2020 reduced their net profit by 29%, to UAH 41.3 billion, but in the fourth quarter the decline was 63% due to increased payments to reserves.
PJSC Kriukiv Car Building Works (KCBW, Poltava region) completed 2020 with a net profit of UAH 99.045 million, which is 87.5% less, year-over-year, according to preliminary data.
According to the information on the agenda of the shareholders’ general meeting on April 22, released on Monday in the information disclosure system of the National Securities and Stock Market Commission of Ukraine, the draft of its decision is planned to send the profit to the development of the enterprise, not to pay dividends (as in the previous year).
As reported, in 2020 the plant reduced the production of freight cars by 70%, to 1,569 units.
PJSC Kriukiv Car Building Works is the only enterprise in the CIS that has a well-established and operating production of two types of cars: passenger and freight (platform cars, tanks, bunker-type cars, gondola cars). It also produces regional diesel trains, high-speed interregional locomotive-hauled trains, spare parts and bogies for freight cars.
Obolon Corporation (Kyiv), one of the largest brewing companies in Ukraine, in 2020 increased its net profit by 36.6% compared to 2019, to UAH 351.81 million.
According to the corporation’s statement in the information disclosure system of the National Securities and Stock Market Commission, its assets grew slightly over the year to UAH 5.89 billion, and retained earnings amounted to UAH 181.04 million compared to an uncovered loss of UAH 329.25 million in 2019.
The total accounts receivable of Obolon over the last year increased by a quarter, to UAH 463.38 million.
In accordance with the statement, at the annual meeting of Obolon shareholders scheduled for April 22, it is planned to approve decisions on attracting Grant Thornton Legis LLC to the audit on the financial results of 2020 and directing the net profit received for the year to the production development.
In addition, it is planned to approve a decision on the implementation of significant transactions with a total value of up to UAH 14 billion, which can be used to conduct business in 2021.
According to the Unified State Register of Legal Entities and Individual Entrepreneurs, the ultimate beneficiary of PrJSC Obolon is Ukrainian businessman and former MP Oleksandr Slobodian.
It was noted that low-alcohol drinks produced by Obolon in 2020 occupied a third of the Ukrainian market for this product.
Obolon Corporation produces beer, soft and low alcohol drinks, mineral water, snacks, and is the country’s largest exporter of beer.
It includes the main plant in Kyiv and nine enterprises in the regions of the country.
The main brands are Obolon, Carling, Zlata Praha, Hike premium, Zibert, Keten, Hardmix, BeerMix, Desant, Zhygulivske, Zhyvchyk, Obolonska and Prozora. The corporation also produces low-alcohol drinks Rio, Gin Tonic, Vodka Lime, Whiskey Cherry, Rum Cola, Brandy Cola and Ciber.
