Public joint-stock company Kyivmiskbud Holding (Kyiv), one of the largest constructors in Ukraine, in 2012 saw some Hr 140 million in net profit, which is 3.6 percent up on 2011, Kyivmiskbud Board Chairman and President Ihor Kushnir has said in an interview with Interfax-Ukraine.
“The annual report is being drawn up and it will be submitted in the period until February 9, 2013, so I cannot name the exact figures. Even according to the preliminary data, it is seen that in 2012 the holding boosted its key financial and economic indicators. For example, in 2011, its net profit stood at Hr 135.142 million, while in 2012 the profit will total some Hr 140 million,” Kushnir said.
The holding’s president also said that Kyivmiskbud would pay dividends for 2012, the total amount of which would exceed the indicator for 2011 (Hr 40.842 million).
He said that the holding’s financial indicators for 2012 will be approved by the shareholders at an annual general meeting scheduled for late February or early March.
As reported, Kyivmiskbud posted a 19.5% fall in net profit in 2011 compared to 2010, to Hr 135.142 million. Its income in 2011 came to Hr 2.475 billion, a rise of 21% year-over-year.
Kyivmiskbud was set up on the basis of municipally owned construction corporation Kyivmiskbud in 1994 through the merger of controlling stakes in 28 enterprises and other assets in its charter capital.
Kyivmiskbud consists of 47 open joint-stock companies, in which the holding owns shares, along with 21 associated members. Kyiv municipal community owns an 80% stake in the holding.
