In January–March of this year, PJSC “Industrial and Manufacturing Enterprise ”Kryvbasvibuhprom” saw its net profit drop by 84% compared to the same period last year—to UAH 7.124 million from UAH 44.542 million.
According to the company’s interim report, available to the Interfax-Ukraine agency, revenue from ordinary activities for this period decreased by 34.4%—to UAH 269.883 million from UAH 411.670 million.
Retained earnings as of the end of March 2026 amounted to UAH 940.423 million.
According to the 2025 report, the company’s net profit last year increased by 20.8% compared to 2024—to UAH 185.845 million from UAH 153.893 million. At the same time, revenue from ordinary activities for this period increased by 18.3%—to UAH 1,751.775 million from UAH 1,480.669 million.
In 2024, the company reported a net profit of UAH 153.893 million, compared to UAH 95.121 million in 2023.
“Kryvbasvibuhprom” provides blasting services in the quarries of Ukraine’s mining enterprises. It is a major producer of emulsion and non-water-resistant explosives. The company’s operational chain includes storage, processing, transportation, and blasting operations themselves.
According to the State Registration Service data for the first quarter of 2026, Quarex Ltd (Cyprus) owns 93.1642% of the company’s shares, while umgi investments LLC of the SCM Group holds 6.5619%.
The authorized capital of Kryvbasvibuhprom is UAH 97.022 million, with a par value of UAH 1 per share.
Vodafone Ukraine (VFU), Ukraine’s second-largest mobile operator, increased its net profit by 12% in January–March 2026 compared to the same period last year, reaching 778 million hryvnia.
According to the company’s press release on Wednesday, revenue grew by 11% to UAH 7.3 billion.
Key drivers remain the growth in data service consumption, the development of the fixed-line business, and increased revenue from equipment sales and other services, Vodafone Ukraine explained.
It is noted that OIBDA increased by 4% to UAH 3.49 billion, while the OIBDA margin decreased to 47.8% from 50.7% in the first quarter of 2025, due to rising electricity costs, network resilience measures, personnel expenses, and increased radio frequency spectrum fees.
The mobile operator noted that the profit growth was driven by improved debt portfolio management.
Average revenue per user (ARPU) in the first quarter of this year increased by 13% to UAH 145.2 per month, with a stable subscriber base. At the same time, there has been an increase in the number of contract subscriptions, VFU added.
According to the press release, investment volume for January–March 2026 amounted to UAH 1.55 billion, which is 2% less than in January–March 2025. Key investment areas include improving the energy resilience of infrastructure—specifically ensuring backup power, expanding the use of generators and batteries—as well as developing and modernizing the mobile network, particularly by expanding 4G coverage.
Investments were also made in the development of fixed-line internet access based on modern technologies (GPON) and in preparing the infrastructure for the rollout of new generations of communication, including 5G.
“The company continues to implement systematic network modernization projects and is introducing technological solutions aimed at improving service quality and adapting the infrastructure to new challenges,” the statement said.
As reported, Vodafone Ukraine increased its revenue by 14% in 2025 compared to the previous year—to 27.8 billion UAH—while its net profit grew by 18%—to 4.18 billion UAH.
PJSC “Production Association ”Stalkanat” (Odessa) reported a 45% decrease in net profit for January-March of this year compared to the same period last year—down to UAH 54.693 million from UAH 99.317 million.
According to the company’s interim report, which is available to the agency “Interfax-Ukraine,” revenue from ordinary activities for this period decreased by 11%—to UAH 1.030696 billion.
Retained earnings as of the end of March amounted to UAH 949.245 million.
According to the annual financial report, the plant reported a net profit of 590.809 million UAH in 2025, compared to 184.808 million UAH in 2024. Meanwhile, revenue from ordinary activities for the past year increased by 20.2% to 5.334152 billion UAH.
As reported, in 2024, the company reduced its net profit by 34% compared to the previous year—to 184.808 million UAH from 280.060 million UAH. At the same time, it increased its net revenue by 33.3%, to UAH 4.436786 billion, and the plant shipped 90,089 thousand tons of metal products. Exports accounted for 48% in volume terms. Capital investments amounted to UAH 226.445 million.
The average number of employees in 2024 was 1,056, and the average income per employee was UAH 34,632.
“Stalkanat” is one of the largest manufacturers of steel ropes and reinforcing strands in Eastern Europe and the leading producer of metal products in Ukraine.
According to the State Registration Service data for the first quarter of 2026, Davyd Nemirovsky holds 50% of the shares, Anton Mykhalenko (non-resident) holds 24.9%, and Maria Kondratyuk also holds 24.9%.
The authorized capital of Stalkanat PJSC is UAH 35.472 million, with a par value of UAH 0.17 per share.
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.
PJSC “Pivnichny Mining and Processing Plant” (Pivnichny Mining and Processing Plant, Kryvyi Rih, Dnipropetrovsk Oblast), a member of the Metinvest Group, reported a 94.6% decline in net profit for January–March of this year—to UAH 39.456 million from UAH 731.254 million in the same period last year.
According to the company’s interim report, which is available to the Interfax-Ukraine agency, revenue from ordinary activities for this period increased by 13.2%—to UAH 10,113.454 million.
Retained earnings as of the end of March amounted to UAH 14,828.095 million.
According to the annual report, PivdenGZK reduced its net profit by 2.2 times in 2025, to UAH 595.725 million from UAH 1.338185 billion in 2024. At the same time, revenue from ordinary activities for the past year increased by 13.7%—to 32.917622 billion UAH.
As reported, in 2024, PivdenGZK increased its net profit to 1.338185 billion UAH from 866.090 million UAH in 2023. The company ended 2022 with a net loss of UAH 2.972 billion, while in 2021 it reported a net profit of UAH 25.293 billion.
The plant specializes in the extraction, processing, and production of iron ore.
Metinvest B.V. owns 100% of the shares in Northern GOK.
Northern GOK is part of the Metinvest Group, whose main shareholders are PJSC System Capital Management (SCM, Donetsk) (71.24%) and the Smart Holding group of companies (23.76%). The management company of the Metinvest Group is Metinvest Holding LLC.
PivdenGZK’s authorized capital is UAH 579.707 million.
One of Ukraine’s largest pharmaceutical distributors, Optima-Pharm, Ltd. (Kyiv), saw its net profit drop by 53% in 2025—to nearly 1.67 billion UAH.
As the company reported in its 2025 annual report, sales of goods and services during this period increased by 2.9% to nearly UAH 76.251 billion, while revenue from goods sales rose by 2% to nearly UAH 70.944 billion.
Revenue from the sale of pharmaceuticals amounted to approximately UAH 59.821 billion, which is nearly equal to the 2024 figures; revenue from the sale of dietary supplements increased by 5% to UAH 6.506 billion; revenue from the sale of medical devices increased by 15% to more than UAH 2.643 billion; revenue from cosmetics sales decreased by 11% to 785.957 million UAH.
The company noted that several of Optima-Pharm’s owned and leased warehouses were destroyed as a result of rocket attacks; management assessed and recognized losses in the amount of 2.3 billion UAH.
“Some suppliers have agreed to replenish inventory levels at the company’s warehouses or compensate for the losses in other ways; management continues negotiations with others,” Optima-Pharm notes in the report.
As reported, in May, the Antimonopoly Committee of Ukraine (AMCU) fined “Optima-Pharm, LTD” 7.094 million UAH. The fine was imposed for providing the committee with incomplete information at the request of the AMCU’s deputy chairman.
Earlier, in July 2025, the AMCU fined “BaDM” and “Optima-Pharm, LTD” for violating competition law for a total amount of over 4.8 billion UAH (2.374 billion UAH for ‘BaDM’ and 2.432 billion UAH for “Optima-Pharm, LTD”).
Later, in October, the AMCU decided not to suspend its decision regarding “BaDM” and “Optima-Pharm, LTD,” which had challenged the committee’s decision in court.
In December 2025, the enforcement service, acting on a claim by the AMCU, initiated enforcement proceedings to collect the debt from the pharmaceutical distributor BaDM LLC; in April of this year, similar proceedings were initiated against the joint venture Optima-Pharm, LTD (Kyiv), which are the largest pharmaceutical distributors in Ukraine.
As reported, on November 18, Russian troops once again shelled Optima-Pharm’s warehouses; the company’s warehouse building in Dnipro was completely destroyed. Earlier, on October 25, Optima-Pharm’s warehouse complex and office in Kyiv were damaged by shelling, with losses estimated at $100 million; on August 28 of last year, another Kyiv warehouse belonging to the distributor was destroyed.
As reported to the agency “Interfax-Ukraine” by the AMCU, the committee currently has no information that the fines totaling nearly 4.807 billion UAH imposed on the two largest pharmaceutical distributors, BaDM LLC and Optima-Farm, Ltd. Joint Venture, following the committee’s lawsuit, have been collected.
