Business news from Ukraine

Business news from Ukraine

“Zaporizhkox” saw its net profit drop by 20% in first quarter

21 May , 2026  

PJSC Zaporizhkox, one of Ukraine’s largest producers of coke and chemical products, reported a 20.4% year-over-year decline in net profit for January–March of this year, down to UAH 204.519 million.

According to the company’s interim report, available to the Interfax-Ukraine agency, revenue from ordinary activities for this period decreased by 18.1% to UAH 3,882.460 million.

Retained earnings as of the end of March amounted to UAH 4,281.510 million.

According to the annual financial report, the plant posted a net profit of UAH 569.989 million in 2025, compared to UAH 1.72158 billion in 2024. Meanwhile, revenue from ordinary activities for the past year decreased by 41% to UAH 17.121625 billion.

As reported, in 2024, the plant increased its net profit by 4.3 times compared to 2023—to 1.72158 billion UAH from 399.841 million UAH. At the same time, revenue increased by 82.8%, to UAH 29.1225 billion from UAH 15.871128 billion.

The plant ended 2022 with a net loss of UAH 249.382 million, whereas in 2021 it reported a net profit of UAH 2.997541 billion. In 2020, the plant increased its net profit by 72.2% compared to the previous year—to UAH 166.436 million.

“Zaporizhkox” operates a full technological cycle for the processing of coke-chemical products.

According to the National Securities and Stock Market Commission (NSSMC) data for the first quarter of 2026, Metinvest B.V. (Netherlands) owns 57.23% of the company’s shares, and “Zaporizhstal” holds 42.76%.

The company’s authorized capital is UAH 1.193 million, and the par value of a share is UAH 0.01.

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