Business news from Ukraine

“Ukrgraphite received UAH 1.6 mln of profit

9 November , 2022  

PJSC “Ukrainian Graphite” (Ukrgraphite, Zaporizhia) in January-March of the current year received a net profit of UAH 1.649 mln, while the company finished the similar period of the last year with a net loss of UAH 111.830 mln.
According to the interim report of the company, over this period net income decreased by 7.4% – to UAH 491.581 mln.
Undistributed profits made up UAH 3 bln 528.788 mln at the end of March 22.
As it was reported, in 2021, Ukrgraphit increased its loss by 2.2 times compared to the previous year – up to UAH 317.514 mln from UAH 144.408 mln.
“Ukrgraphite is Ukraine’s leading producer of graphitized electrodes for electric steel-making, ore-thermal and other kinds of electric furnaces, commodity carbon masses for Soderberg electrodes, carbon-based lining materials for metallurgical, machine-building, chemical and other industrial complexes.
According to the National Depository of Ukraine (NDU) as of the fourth quarter of 2021, Intergraphite Holdings Company Limited (Bermuda) owns 23,9841% of PrJSC, C6 Safe Group Limited (Cyprus) – 72,0394%.
The authorized capital of PrJSC – 233,959 million UAH, nominal value of 1 share – 3,35 UAH.

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