Business news from Ukraine

Business news from Ukraine

Ukrgrafit increased its losses by 81%

11 June , 2025  

According to the results of January-March of this year, PJSC Ukrainian Graphite (Ukrgrafit, Zaporizhia) increased its net loss by 80.6% compared to the same period last year, from UAH 36.466 million to UAH 65.870 million.

According to the company’s interim report, net income for this period decreased by 1.6% to UAH 296.640 million.
The company’s undistributed profit at the end of March amounted to UAH 3 billion 599.831 million.

Ukrgrafit ended 2024 with a net loss of UAH 202.447 million, while in 2023 it increased its net profit by 2.34 times compared to 2022, to UAH 122.920 million.

Ukrgrafit is a leading Ukrainian manufacturer of graphite electrodes for electric steel melting, ore-thermal and other types of electric furnaces, commercial carbon masses for Soderberg electrodes, and carbon-based refractory materials for metallurgical, machine-building, chemical, and other industrial complexes.

According to the National Depository of Ukraine (NDU) for the first quarter of 2025, Intergraphite Holdings Company Limited (Malta) owns 23.9841% of the private joint-stock company, and C6 Safe Group Limited (Cyprus) owns 72.0394%.

The authorized capital of the private joint-stock company is UAH 233.959 million, and the nominal value of a share is UAH 3.35.