PJSC Ukrnafta made a net profit of UAH 23.6 billion in 2023, the company’s CEO Sergiy Koretsky said on Facebook.
According to him, the independent audit of the financial statements was completed by Grant Thornton Ukraine on April 3.
“Dividends for last year are twice the cumulative result of the last 10 years. I never tire of thanking each and every person who works in the company, and I will emphasize once again that public administration can and should be effective,” Koretsky said.
As reported earlier, Ukrnafta’s financial plan for 2024 approved by the Cabinet of Ministers envisages net revenue of UAH 118 billion and net profit of UAH 18 billion.
In 2024, the company plans to start drilling 30 new wells, purchase equipment to stimulate production, and invest in upgrading its network.
“Ukrnafta is the largest oil producer in Ukraine and operates a national network of 537 filling stations, of which 456 are in operation. The company is implementing a comprehensive program to restore operations and update the format of its filling stations. Since February 2023, Ukrnafta 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. On November 5, 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 now managed by the Ministry of Defense.
Zhytomyrski Lasoshchy JSC, one of the largest confectionery producers in Ukraine, increased its profit by 80.7 times in 2023 compared to 2022, to UAH 395.087 million.
According to the company’s announcement in the NSSMC’s information disclosure system about the annual shareholders’ meeting scheduled for April 29, its assets increased 1.97 times to UAH 1.145 billion. The company’s debt obligations increased by 37.4% to UAH 628.8 million.
In 2023, Zhytomyrski Lasoshchy JSC’s revenue amounted to UAH 474.383 million, which is 16.8% more than in 2022 and 80.4% more than in pre-war 2021.
The company’s staff remained stable – 693 people, which is only 10 employees less than in pre-war 2021.
The shareholders are proposed to approve the net profit of the JSC, based on the results of financial and economic activities in 2022, in the amount of UAH 4.893 million and to allocate it in full to compensate for losses for the previous period.
The shareholders will also consider the new charter of Zhytomyrski Lasoshchy JSC and re-elect the Supervisory Board.
Zhytomyrski Lasoshchy Confectionery was founded in 1944. It is one of the three leaders in the confectionery industry of Ukraine. The company produces chocolate, praline, fondant, waffle and grilled sweets, various types of cookies, and sugar-free confectionery. The company is certified according to the international standards ISO 22000 and FSSC 22000, and has a Halal certificate. The company’s products are exported to 36 countries.
According to preliminary data, Eurocar JSC (Solomonovo, Zakarpattia region), which produces Skoda cars and is part of the Atoll Holding group of companies, ended 2023 with a net profit of UAH 37.25 million, which is almost 2.2 times less than in 2022.
According to the announcement of the annual shareholders’ meeting on April 30, as a result, retained earnings as of the beginning of 2024 increased by 16.5% to UAH 262.95 million.
The shareholders plan to use the net profit, as in the previous year, to replenish working capital, and not to accrue or pay dividends.
According to the publication, last year Eurocar increased its current liabilities by 85.4% to UAH 290.21 million, while its long-term liabilities increased slightly (by 3.2%) to UAH 1 billion 460 million.
Total accounts receivable amounted to UAH 707 million, down 22.7% over the year, while assets increased by 10.5% to UAH 2 billion 278 million due to a 2.5-fold increase in inventories to UAH 767.12 million and a 19.2% increase in cash to UAH 82.05 million.
“Eurocar has been producing passenger cars since December 2001. In June 2022, the plant resumed large-scale assembly (SKD) of Škoda cars, which was stopped with the start of Russia’s military aggression in Ukraine, but does not publish production statistics.
According to Auto-Consulting, in 2023, as in the previous year, Skoda cars took the fourth place in the rating of new passenger car sales in Ukraine, with an increase of 74.7% to 4.95 thousand units, while the market share increased to 7.61% compared to 7.08%.
According to the NSSMC, as of the third quarter of 2022, more than 68.84% of Eurocar’s shares are owned by Atoll Holding, whose beneficial owner is Oleg Boyarin, another 20% is owned by Prostir Capital LLC, and 10% by Iberia Motor Company of Poland.
According to Clarity-project, in 2023, the plant increased its net income by 73.6% year-on-year to UAH 4 billion 226 million.
In 2023, Druzhkovka Hardware Plant (Donetsk Oblast) reduced its net profit by 28.9% year-on-year to UAH 24.049 million from UAH 33.832 million.
As reported in the company’s official information for the agenda of the annual shareholders’ meeting scheduled for April 29, the plant’s retained earnings at the end of last year amounted to UAH 404.126 million.
The shareholders intend to summarize the results of the year 2023, approve the reports and set plans for 2024.
It is also planned to leave the profit earned in 2023 without distribution, and not to accrue or pay dividends.
The shareholders will decide on the preliminary consent to enter into significant transactions that may be made by the company within no more than one year from the date of such decision, indicating the nature of the transactions and their maximum aggregate value.
Druzhkovka Hardware Plant produces machine-building and railway fasteners.
According to the third quarter of 2023, the company’s shares were owned by an individual Alexey Spiridonov, who held 14.9949%, Elena Mishchenko-Solona (resident of Spain) – 13.0304%, Irina Mishchenko – 24.5167%, Sergey Popkov – 5.8611%, Anton Malikov – 9.75%, Elena Malikova – 8.25%, Valery and Dmitry Malikov – 9.774% each.
The authorized capital of the company is UAH 3.323 million, the nominal value of 1 share is UAH 0.05.
In 2023, Koblevo JSC (Mykolaiv region), one of Ukraine’s largest wineries, reduced its net profit by 32.9% compared to 2022, to UAH 8.6 million.
According to the company’s report in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), its assets increased by 6.4% to UAH 397.638 million over the year and exceeded the pre-war level of 2021, when they amounted to UAH 375.15 million.
The company’s retained earnings increased 1.3 times to UAH 39.126 million.
Total accounts receivable increased sevenfold to UAH 59.215 million over the year. The company has no long-term liabilities. Current liabilities increased by 5.9% compared to 2023 and amounted to UAH 270.19 million.
At the same time, the company reduced fixed assets by 13.6% to UAH 51.892 million, inventories by 4.7% to UAH 270.819 million, and free cash by 12.3% to UAH 1.066 million. In 2023, Koblevo JSC increased its equity by 7.2% to UAH 127.4 million.
The company announces that its annual shareholders’ meeting will be held remotely on April 26. The agenda of the meeting provides for leaving the net profit received in 2023 undistributed and not paying dividends.
According to the Unified State Register of Legal Entities and Individual Entrepreneurs, the ultimate beneficiary of Koblevo JSC is Svyatoslav Nechytailo.
Koblevo JSC is a part of Bayadera Group established in 1991. The group unites core assets in the alcohol industry – distribution companies and its own production of alcoholic beverages in Ukraine, and is the exclusive importer of global alcohol brands in Ukraine.
The main brands are First Guild, Kozatska Rada, Hlibny Dar, Vozdukh, Celsius, Koblevo, Marengo, etc.
JSC “Slavic Wallpapers – KFTB” (formerly Koryukivka Technical Paper Factory, Chernihiv region), a leading Ukrainian wallpaper manufacturer, reported a net profit of UAH 47.68 million in 2023, up almost 7.7 times compared to the same period in 2022.
According to the announcement of a general meeting of shareholders to be held on April 30 on the results of work in 2023, the company does not plan to distribute the profit.
According to Clarity-project, at the beginning of this year, the company’s retained earnings amounted to UAH 1 billion 908 million.
As reported, in 2022, the factory reduced its net profit seven times year-on-year to UAH 6.22 million.
At the meeting, shareholders plan to re-elect the supervisory board, among other things.
According to the NSSMC, as of the third quarter of 2023, 56.12% of the JSC’s shares were owned by Slavich-Invest LLC, and another 24.991% by Slavich Trading House LLC (both based in Koryukivka).
JSC Slavic Wallpaper-KFTB is one of the largest European wallpaper factories, producing more than 10 types of wallpaper from the economy segment (paper, duplex, acrylic) to premium wallpaper (vinyl, non-woven, hot stamped).
As reported, in 2023, KFTB produced 16.2 million conventional pieces of wallpaper, up 19% year-on-year, with production increasing by 38.2% to UAH 1 billion 249 million.
