JSC Greta (previously – Druzhkivsky plant of gas equipment, Donetsk region), a leading Ukrainian manufacturer of gas, electric and combined stoves, ended 2020, according to preliminary data, with a net profit of UAH 5.46 million, while in 2019, its loss amounted to UAH 8.52 million.
According to the information on the agenda of the general meeting of shareholders on April 8, published in the disclosure system of the National Securities and Stock Market Commission of Ukraine, the retained earnings of the company as of January 1, 2021 amounted to UAH 107.34 million (as of the same date in 2020 – UAH 101.88 million).
The shareholders at the meeting plan to consider the distribution of profits and the procedure for covering losses, while the draft decision is supposed to send the net profit to the development of production, not to pay dividends.
Over the past year, the company’s current liabilities grew by 16.6%, to UAH 76.07 million, noncurrent by 15.5%, to UAH 122.58 million.
The total accounts receivable of Greta increased by 18.5%, to UAH 9.54 million, assets in general – by 11.7%, to UAH 312.48 million.
The company’s equity capital by the beginning of this year is UAH 113.84 million, including the charter capital being UAH 5.198 million.
