JSC Ukrenergomashiny (Kharkiv) ended January-September of this year with net sales revenue of UAH 914 million, which is 48.4% more than in the same period of 2024.
According to the company’s financial report in the disclosure system of the National Securities and Stock Market Commission (NSSMC), its net profit increased by 61.5% to UAH 0.95 million.
The company received UAH 17.8 million in operating profit (UAH 15.5 million last year), and gross profit more than doubled last year’s figure, amounting to UAH 278.6 million.
As reported, in the first half of this year, Ukrenergomash’s net profit amounted to UAH 0.49 million, while in the same period last year it was UAH 20.81 million, and net income decreased by 3.4% to UAH 469.
Thus, in the third quarter, the plant received UAH 0.46 million in net profit, while in July-September 2024, the loss amounted to UAH 20.2 million, and net income increased 3.4 times to UAH 445.2 million.
The company notes that in the third quarter, in particular, it shipped equipment for the Aksu TPP (Kazakhstan), sets of power equipment for the Zmiiv TPP, Burshtyn TPP, Darnytsia TPP, Zaporizhstal CHP, sets of turbine equipment for the Nizhnednistrovskaya HPP, and the Teri HPP (India).
Fifty-two traction electric motors were delivered to the tram car manufacturer Tatra-Yug, and three traction units were delivered to MTRZ LLC.
Ukrenergomashyna JSC names foreign companies as its main competitors, in particular, Andritz (Austria), Voith (Germany), General Electric (USA), and Bharat Heavy Electric Ltd. (India). Competition in the domestic and foreign markets is high.
The value of concluded but not yet executed agreements (contracts) as of the end of the third quarter of 2025 is almost UAH 7.7 billion (excluding VAT), and the total amount of payments remaining to be paid under these contracts is UAH 2.78 billion.
JSC Ukrenergomashiny, more than 75.22% of whose shares are owned by the state, is the only manufacturer of turbine equipment for hydro, thermal, and nuclear power plants in Ukraine. It also produces electric motors for rail and urban transport.
In 2024, it more than doubled its net income to almost UAH 799 million and received UAH 0.88 million in net profit compared to UAH 0.2 million in 2023.
As of October 1, 2025, the average number of full-time employees was 2,640 (2,740 at the beginning of the year).
