Business news from Ukraine

Business news from Ukraine

“Yuzhkoks” Reduced Its Net Loss by 73% Over 9 Months

5 November , 2026  

PJSC “Yuzhkoks” (Kam’yanske, Dnipropetrovsk Oblast) reduced its net loss by 73% in the January–September period of this year compared to the same period last year, bringing it down to 123.608 million UAH.
According to the company’s interim report, available to the Interfax-Ukraine news agency, the loss in the third quarter amounted to 102.237 million UAH.
Revenue from ordinary operations for this period increased by 2.2%—to 6 billion 778.265 million UAH.
The accumulated loss as of the end of September stood at 2,781.482 million UAH.
The report notes that despite the challenges arising from the difficult economic situation in the country, caused by Russia’s military aggression, management continues to ensure the company’s stable operation, is actively working to improve technological processes, is implementing new technologies, and is strengthening the team to achieve our strategic goals.
“In addition, we strive for continuous improvement in the quality of our products, higher social standards, and a healthier environment; we make significant efforts to prevent pollution, which is an integral an integral part of our operations and overall policy, and we are committed to open and ethical cooperation with all our partners, which is the foundation of our company’s success and stable operations,” the report states.
In addition, the report specifies that the main significant events, risks, and uncertainties that occurred during the reporting period and affected the company’s interim financial statements include significant uncertainty regarding the future course of the military invasion, its duration, and its short- and long-term impact on the company; disruptions to logistics routes, limited inventories, and restricted import and export capabilities due to the escalation of hostilities in the southern regions; the energy crisis; labor shortages; economic and legal risks; significant currency fluctuations; and other factors;
As of the date of issuance of these interim financial statements, as a result of the Russian Federation’s military aggression against Ukraine, the Company has suffered losses in production capacity. Specifically, on August 18, 2026, a 32,000 kVA transformer—a critically important piece of energy infrastructure—was destroyed after being struck by an unmanned aerial vehicle. Due to the damage sustained, this facility cannot be repaired. This incident led to a temporary disruption in the power supply and a partial suspension of the Company’s operations. To minimize the negative consequences and ensure business continuity, the Company’s management immediately took the necessary measures to restore the stable functioning of production processes.
The company is reviewing and adapting its business processes to account for current operating conditions. Management continues to monitor the potential impact and will take all possible measures to minimize any negative consequences, the report concludes.
As previously reported, in the first quarter of 2026, Yuzhkoks saw its loss increase 2.1-fold compared to the same period in 2025—to 110.027 million UAH from 226.338 million UAH. Revenue from ordinary operations decreased by 5.6% to 2,176.428 million UAH.
In January–June 2026, the plant reduced its loss by 94.1% compared to the same period last year—to 21.371 million UAH, while revenue increased by 7%—to 4 billion 860.923 million UAH.
In 2025, the plant reported a net loss of 3,195.470 million UAH, compared to 272.925 million UAH in 2024. Meanwhile, revenue from ordinary operations decreased by 12.9% to 8,582.546 million UAH.
Based on its 2024 results, Yuzhkox saw its net loss increase 4.7-fold compared to 2023—to 272.925 million UAH from 58 million 25.2 thousand UAH, and ended 2022 with a net loss of 1 billion 206.942 million UAH, compared to a net profit of 1 billion 292.672 million UAH reported for 2021.
According to the National Depository for Securities (NDS) data for August as of November 2, 2026, Dashuria Ltd. (Cyprus) owns 94.9565% of the company’s shares.
The authorized capital of PJSC “Yuzhkokks” is 171.918 million UAH, and the par value of a share is 0.25 UAH.

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