The Ukrainian Metal

Ukraine: French company increases share in VKO

Іmerys Refractory Minerals Clerac (France) has increased its share in the statutory capital of Vatutino Refractory Works from 89.35153646% to 89.37987559%.

The company share in the total number of voting shares grew from 99.80537953% to 99.927133%.

Last year VKO net profit dropped by 21% YoY, to 51.862 million UAH.

The consolidated accounts receivable grew 2-fold, to 29.057 million UAH.

Current liabilities increased 4.1-fold, to 72.062 million UAH, while fixed liabilities – by 3.2%, to 92.633 million UAH.

The cost of assets grew by 45%, to 346.227 million UAH. (Ukrainian metal)

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