Business news from Ukraine

Business news from Ukraine

Slavgorod Reinforcing Bar Plant’s profit fell to 1.13 mln UAH

PJSC Slavgorod Reinforcing Bar Plant (SAZ, Dnipropetrovsk region) reported a net profit of UAH 1.132 million for 2025, compared to UAH 7.497 million in 2024.

According to the company’s announcement in the disclosure system of the National Securities and Stock Market Commission (NSSMC) regarding the remote general meeting of shareholders to be held on April 17, six items are scheduled for consideration, including approval of the results of financial and operational activities for 2025 and a decision on the profit distribution procedure.

In addition, it is proposed to preliminarily grant consent for the execution of significant transactions and to approve the procedure for the mandatory buyback of shares from shareholders who voted against the decision to execute significant transactions.

The draft resolutions, copies of which are available to the Interfax-Ukraine agency, propose that the net profit earned in 2025, amounting to UAH 1.132 million, be retained by the company to fulfill its statutory tasks and objectives. No annual dividends are to be accrued or paid based on the results of operations in 2025.

As of the end of 2024, SAZ’s retained earnings amounted to UAH 27.848 million.

As reported, in 2023, SAZ increased its net profit to UAH 18.93 million, which exceeded the 2022 figure by more than four times.

The Slavgorod Valve Plant was founded in 1926 as a manufacturer of cast iron valves. It currently specializes in the production of steel pipeline equipment (shut-off, control, and steam traps) and the assembly of flanges for such equipment. It also manufactures devices for securing mine workings in coal mines, as well as forgings and stampings for automotive and agricultural machinery parts.

According to the State Registration Service data for the fourth quarter of 2025, PJSC “Promarmatura” (Dnipro) owns 53.5661% of PJSC “SAZ,” and PJSC “Inter-Industry Assembly Base ”Zagallomashkontrakt” owns 22.0307%.

The authorized capital of PJSC “SAZ” is UAH 0.045 million, and the par value of a share is UAH 0.25.

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