PJSC “Yuria” (trademark “Voloshkove Pole”) increased its revenue by 17.9% in July–September 2026 compared to the same period last year, reaching 644.53 million UAH.
According to the company’s reports filed with the National Securities and Stock Market Commission (NSSMC), it posted a net loss of 83.67 million UAH for the period, whereas it had reported a net profit of 84.88 million UAH for July–September of last year.
Yuriya’s gross profit for the third quarter rose by 56.9% to 96.45 million UAH, but at the same time, an operating loss of 78.87 million UAH was recorded, compared to an operating profit of 84.91 million UAH in the third quarter of last year.
Among other factors, these results are linked to a significant decrease in other operating income—UAH 10.74 million compared to UAH 145.11 million in July–September of last year—as well as a 60.3% increase in selling expenses, which rose to UAH 137.12 million.
Overall, for the first nine months of this year, “Yuria” increased its revenue by 12.9%—to 1 billion 834.81 million UAH—but reported a net loss of 16.43 million UAH, compared to a net profit of 86.66 million UAH for the first nine months of last year.
Its gross profit rose by 49.7% to 276.26 million UAH, while its operating loss amounted to 6.27 million UAH, compared to an operating profit of 90.02 million UAH last year.
According to the report, while the company had 67.72 million UAH in long-term bank debt at the beginning of the year, by mid-year it had only 1 million UAH in short-term debt, which rose to 180 million UAH by the end of September.
It is noted that over the first nine months of this year, “Yuriya” produced 17.77 thousand metric tons of milk and cream (5.81 thousand metric tons in the third quarter) worth 563.62 million UAH (186.55 million UAH), 456.2 metric tons of 85% butter (171.5 metric tons) worth 158.49 million UAH (60.18 million UAH), and 2.39 thousand metric tons of fresh unfermented cheese (0.87 thousand metric tons) worth 518.02 million UAH (188.11 million UAH).
As for exports, over the first nine months of this year, they totaled 2.08 thousand metric tons worth 222.31 million UAH, or 5.7% of total sales.
According to the report, 49.4% of all casein produced (43.19 million UAH), 42% of 8% sweet curd cheese (9.80 million UAH), 25.7% of 18% and 26% sweet curd cheese (79.62 million UAH), 16.3% of butter (32.00 million UAH), and 5% of ultra-pasteurized milk (40.79 million UAH).
Company management identifies the main risk in the near term as the high likelihood of further damage to energy infrastructure as a result of targeted hostile attacks by the Russian Federation, as well as the aggressor’s attempts to destroy transportation infrastructure.
“A separate, particularly important task is retaining the workforce (given the conscription of a significant number of employees into the Armed Forces of Ukraine and other armed formations, as well as emigration abroad),” the document states.
As previously reported, at an extraordinary general meeting on July 2, 2026, the shareholders of PJSC “Yuria” preliminarily approved the conclusion of significant transactions with JSC “Pivdenny” totaling up to 900 million UAH, including loan and other financial agreements, as well as amendments to existing agreements regarding financing limits, terms, interest rates, and fees.
PJSC “Yuria” is the legal successor to the Cherkasy City Milk Processing Plant, which has a design capacity of 25 metric tons of raw material processing per day. It ranks among the top ten largest Ukrainian milk producers.
The dairy producer, operating under the “Voloshkove Pole” trademark, invested EUR 1.5 million in 2023 to install a Tetra Pak line in order to double its production of ultra-pasteurized milk. In 2024, the company invested EUR 1.6 million in modernizing the production facilities of its enterprises and commissioned a new production line for glazed cheese curds.
The company has two subsidiaries: “Yuria-2”—a network of brand-name stores and kiosks in Cherkasy—and “Yuria-Trans”—a trucking company that delivers raw materials and supplies for processing, products to retail outlets, and provides other transportation services. Its raw material supply area covers the Cherkasy, Kirovohrad, Poltava, Kyiv, and Vinnytsia regions. Milk is collected from over 200 settlements.
The company’s beneficial owners are Oleksandr and Andriy Tabalov.
According to the annual report, “Yuriya’s” revenue in 2025 grew by 27.8%—to 2.20095 billion UAH—while net profit amounted to 62.68 million UAH, compared to a net loss of 121.95 million UAH the previous year.
