PJSC Vinnytsia Dairy Plant Roshen, part of the Roshen confectionery corporation, will pay shareholders UAH 86.394 million in dividends from net profit for 2024.
“To pay annual dividends on the company’s ordinary registered shares in the amount of UAH 86 million 393 thousand 928.60 UAH from net profit for 2024 at a rate of 461.58 UAH per ordinary registered share,” according to the decision of the general meeting of shareholders published in the information disclosure system of the National Securities and Stock Market Commission (NSSMC) on Friday.
Dividends will be paid directly to shareholders within a period not exceeding six months from the date of the general meeting’s decision to pay dividends.
In addition, the shareholders extended the term of office of the supervisory board in its entirety: Volodymyr Yarandin was re-elected as chairman, and Serhiy Zaitsev and Valentina Vyshnevska retained their positions as members of the board. Yarandin and Zaitsev represent the interests of the shareholder
Ukrainian Confectionery Holding LLC, while Vyshnevska represents the state-owned enterprise Roshen Confectionery Company.
At the same time, the shareholders gave their preliminary consent to the private joint-stock company to enter into major transactions related to the issuer’s financial and economic activities, the subject of which may include, in particular, the purchase or sale of works or services whose value exceeds 25% of the value of assets according to the latest annual financial statements, with a maximum total value of UAH 10 billion. The transactions may be carried out within one year from the date of such decision.
PJSC Vinnytsia Milk Plant Roshen was founded in 1999 in Vinnytsia. The milk plant is the main supplier of raw materials for the corporation’s factories. The plant has a capacity to process 600 tons of milk per day and produce up to 50 tons of dry milk products, up to 30 tons of butter, up to 10 tons of milk fat, and up to 75 tons of condensed milk. Raw materials are supplied from 10 regions of Ukraine, for which the plant has its own motor transport enterprise.
The plant’s products are exported to more than 50 countries around the world, namely Eastern Europe, Asia, North America, and Africa.
According to Opendatabot, in 2024, the plant increased its revenue by 20.6% to UAH 4.322 billion, increased its net profit by 12.9% to UAH 226.023 million, and reduced its debt obligations by 1.1% to UAH 234.29 million. The company’s assets are estimated at UAH 1.221 billion. The plant employs 228 people.
The authorized capital is UAH 9.358 million.
The ultimate beneficiary of the company is Oleksiy Poroshenko, the son of the fifth president of Ukraine, Petro Poroshenko.
