Ukraine: Pivdenkoks net loss down in 2023

In 2023, Pivdenkoks Private JSC decreased net loss by 95.2% YoY, to UAH 58.02 million. At the remote shareholders meeting, the shareholders intend to summarize the operation in 2023 and agree on covering the loss with the profit of future periods. Moreover, the company intends to sell its own shares, bought-back from shareholders or purchased…

Ukraine: Yuzhkoks output down in H1 2022

In January-June, Yuzhkoks produced 304.6 thousand tons of metallurgical coke, down by 19.2% YoY. In June, the enterprise produced 51.3 thousand tons. Bulk 6% moisture coke manufacture in H1 totaled 352.8 thousand tons, down from 377 thousand tons last year. In 6 months, the enterprise received 401 thousand tons of domestic coal, 54 thousand tons…

Ukraine: Yuzhkoks losses up in 2020

In 2020, Yuzhkoks increased its net losses by 23.9% YoY, to 632.05 million UAH. Uncovered losses amounted to 64.85 million UAH. The company current liabilities went up by 0.1%, to 6.1 billion UAH, while fixed dropped by 34.1%, to 375.7 million UAH. Accounts receivable decreased by 16.4%, to 4.8 billion UAH. (Ukrainian metal)

Ukraine: Yuzhkoks sacks CEO

The supervisory board of Yuzhkoks has stopped the office of the CEO Andrei Shabanov. Kirill Avramenko, the company CFO, has been elected acting CEO. The decisions were taken on May 22. The reason for such a decision is not explained. Shabanov was appointed Evraz Yuzhkoks CEO on December 18, 2017. On April 1, the supervisory…

Ukraine: Yuzhkoks profits in 2018

In 2018 Yuzhkoks increased its net income by 33.9% YoY, to 4.536 billion UAH. Net profit totaled 23.516 million UAH as opposed to 5.363 million UAH of net losses in 2017. EBITDA grew 18-fold, to 29.715 million UAH. Undistributed profit as of late 2018 totaled 483.916 million UAH. The company current liabilities increased 14.1-fold, to…