PJSC “Leasing Company ”Ukrtransleasing” will allocate UAH 250 million of its total net profit of UAH 265.1 million to dividend payments based on the results of 2025, according to a company statement on Tuesday regarding the decision of the shareholders’ meeting.
According to the statement, Ukrtransleasing’s net revenue fell by 28.9% last year to UAH 152.4 million, but thanks to other operating income of UAH 228.2 million—which was absent in 2024—operating profit jumped 2.3-fold to UAH 245 million, and net profit by 1.9 times.
The company received its main revenue last year from its largest shareholder, Lemtrans LLC, which owns 49.95%.
According to the press release, since the beginning of 2026, 752,100 tons of cargo have been transported in Ukrtransleasing’s open-top cars, of cargo, including 507,600 tons of coal (67.5%), 174,700 tons of iron and manganese ore (23.2%), and 22,300 tons of construction materials (3%), while grain cars carried 125,700 tons of grain, including 86,200 tons of corn (68.5%), 24,300 tons of wheat (19.4%), 2,300 tons of rapeseed (1.8%), and others.
The report specifies that in 2026, Ukrtransleasing plans to carry out scheduled repairs in accordance with the approved schedule, including 461 major repairs of open cars, 55 depot repairs of open cars, and 5 depot repairs of grain cars.
Among other things, in 2026, the company plans to develop freight forwarding activities and maintain long-term partnerships with clients, reduce non-productive downtime of railcars, manage existing equipment financial leasing agreements, and provide comprehensive solutions for transportation and logistics challenges, particularly in the field of grain cargo transportation.
PJSC “Leasing Company ”Ukrtransleasing” is an operator in the Ukrainian leasing services market. The company’s primary specialization is the financial leasing of railway, agricultural, and aviation equipment.
JSC “Ukrzaliznytsia” owns 47.67% of the shares in PJSC “Ukrtransleasing,” and LLC “Lemtrans” owns 49.95%.
In 2023, Ukrtransleasing PJSC received UAH 32.9 million in profit against UAH 59.79 million in losses a year earlier.
After the revocation of its license to conduct business activities in the provision of financial services, Ukrtransleasing focused on the development of freight forwarding services with railway rolling stock in 2023, the company’s press service said on Friday.
According to a press release, last year the volume of transportation in gondola cars carried out by the company increased by 38% compared to 2022. The company transported 3.05 million tons of cargo in gondola cars, including 2.38 million tons of coal (78%), 542.1 thousand tons of building materials (18%), and 74.4 thousand tons of iron and manganese ore (2%).
Grain car transportation increased by 46%. Grain carriers transported 370.2 thousand tons of grain, including 259.6 thousand tons of corn (70%), 38.6 thousand tons of wheat (10%), 43.5 thousand tons of soybeans (12%), and 20.7 thousand tons of rapeseed (6%).
“After the full-scale invasion of the Russian Federation, Ukrtransleasing’s operations are carried out in force majeure circumstances. The company is constantly in active search of relevant logistics solutions, while a significant part of the rolling stock is blocked due to active hostilities in the east of the country,” the statement said.
The company estimates the amount of losses incurred from the full-scale invasion at more than UAH 200 million.
It is noted that Ukrtransleasing remains a responsible taxpayer. During the two years of Russian military aggression, the company paid UAH 105.7 million in taxes to the budget. In addition, the company transferred UAH 20 million to a special account of the National Bank of Ukraine (NBU) to support the Armed Forces of Ukraine.
As reported, on September 1, 2023, the NBU revoked all existing licenses of Ukrtransleasing PrJSC (Kyiv) based on the company’s application. After that, the company was excluded from the Register of entities that are not financial institutions but have the right to provide certain financial services,
Ukrtransleasing was established in 1998 on the initiative of the Ministry of Transport and the Ministry of Industrial Policy of Ukraine. The company’s main activities are to provide leasing services to interested organizations of air and rail transport in the country. The main activities of the company are leasing (financial and operational) of air transport, railway rolling stock (wagons, locomotives) and provision of services for the transportation of goods in gondola cars and grain carriers. The company’s shareholders are Ukrzaliznytsia JSC (47.67%) and Lemtrans LLC (49.95%).
