In 2016, Avdiivka coke increased its profit by 2.6 times

PJSC “Avdiivka coke plant” (Avdiivka coke), entering into group “Metinvest”, in 2016 net profit of 2.6 times compared to the previous year 808,735 312,639 million UAH million UAH.

According to the agenda of the annual meeting of shareholders scheduled for April 26, undistributed profit of the plant by the end of 2016 amounted to 3 billion 671,337 million.

Current liabilities of the company in 2016 has increased by 17.3% – up to 10 billion 527,171 million UAH, long-term – by 41.7%, to 817,240 million. While total receiv ables grew by 31.4% to UAH 11.6 bn.

The value of assets in the past year increased by 15.3% – up to UAH 19 billion, including fixed assets were reduced by 6.5% to 4.87 billion.

The number of employees for the reporting period decreased by 1.8% to 3,957 thousand.

In the agenda, in particular, is the question about the distribution of income.

Avdiivka coke plant is Europe’s largest coking plant.

In the ownership of Metinvest B. V. (Netherlands) is 87,2502% of shares of PJSC.

The authorized capital of PJSC “Avdiivka coke” – 343,310 million.

Avdiivka coke included in Metinvest group, the main shareholders of which are JSC “System capital Management” (SCM, Donetsk) (71,24%) and the group of companies “Smart-holding” (from 23.76%).

OOO “Metinvest holding” – managing company of Metinvest group.

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