Ukrainian Graphite PrJSC (Ukrgraphit, Zaporizhzhia) ended January-March this year with a net loss of UAH 36.466 million, while in the same period last year it made a net profit of UAH 70.723 million.
According to the company’s interim report, net income for the period decreased by 31.1% to UAH 301.441 million.
As of the end of March this year, the company’s retained earnings amounted to UAH 3 billion 837.133 million.
As reported, Ukrgraphite increased its net profit by 42.9 times in January-March 2023 compared to the same period of the previous year to UAH 70.723 million, but reduced its net income by 11% to UAH 437.326 million.
In 2023, the plant increased its net profit by 2.34 times compared to 2022, to UAH 122.941 million, and net income by 1.2%, to UAH 1 billion 564.656 million.
“Ukrgraphite is Ukraine’s leading producer of graphitized electrodes for electric steel-making, ore-thermal and other types of electric furnaces, commercial carbon masses for Soderberg electrodes, and carbon-based lining materials for metallurgical, machine-building, chemical and other industries.
According to the National Depository of Ukraine (NDU), as of the third quarter of 2023, Intergraphite Holdings Company Limited (Bermuda) owns 23.9841% of the company, and C6 Safe Group Limited (Cyprus) owns 72.0394%.
The authorized capital of the company is UAH 233.959 million, with a par value of UAH 3.35 per share.
https://interfax.com.ua/
