Yaroslavsky's DMZ sees UAH 1.7 bln in profit in 2021 versus loss y-o-y

KYIV. Nov 21 (Interfax-Ukraine) – PJSC Dniprovsky Metallurgical Plant (DMZ, formerly Evraz-DMZ), which is part of DCH Steel of the DCH group of businessman Oleksandr Yaroslavsky, according to the results of work in 2021, received a net profit of UAH 1.725 billion, then as ended 2020 with a net loss of UAH 394.091 million.

According to the paper attached to the agenda of the annual meeting of shareholders scheduled for December 22, which will be held remotely, the outstanding loss at the end of last year amounted to UAH 826.728 million.

The shareholders intend to sum up the results of activities in 2021, approve the reports, and use the profit received to pay off the losses of previous years.

Personnel issues will also be considered at the meeting: the termination of the powers of members of the supervisory board and the revision commission, the election of new ones.

In addition, shareholders will choose the company’s auditor and approve major transactions.

DMZ specializes in the production of steel, cast iron, rolled products and products from them.

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