Business news from Ukraine

Business news from Ukraine

UKRAINIAN CERAMIC GROUP GETS LOSSES IN 2020

PrJSC Ukrainian Ceramic Group (Sloviansk, Donetsk region) in 2020 reduced its net loss by 32.5% compared to 2019, to UAH 3.9 million.
According to the company’s annual report in the information disclosure system of the National Securities and Stock Market Commission, revenue increased by 19%, to UAH 5 million.
Retained earnings for the year decreased by 6.8% and amounted to UAH 53.7 million.
Long-term liabilities decreased by 5.1%, to UAH 11.2 million, current – increased by 47.8%, to UAH 18.7 million.
The company’s assets in 2020 increased by 1.5% and amounted to UAH 101.3 million.
PrJSC Ukrainian Ceramic Group was founded in 1993. It does not produce clay due to the completion of the development of a deposit in Donetsk region in 2009. Currently, it is engaged in leasing and purchase and sale of real estate.
The company also owns 48.9% of the shares of PrJSC Zeus Ceramica (Sloviansk, Donetsk region).
The charter capital of PrJSC Ukrainian Ceramic Group for April 2021 is UAH 1.16 million.

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