Pokrov Mining completed the first half of the year with a loss of UAH 37 million

Pokrov Mining and Processing Plant (Pokrovsk GOK) completed January-June 2022 with a loss of UAH 37.4 million compared to UAH 55.98 million profit in the same period a year earlier. This was reported by Interfax-Ukraine with the reference to the company’s report.

The net income of the enterprise over this period decreased by 45.3% compared to January-June 2021, to UAH 828.05 million.

Retained earnings at the end of June this year amounted to UAH 1.37 billion.

In the first quarter Pokrov Plant received UAH 112.5 million loss against UAH 18 million profit in January-March 2021. The company’s net income for the quarter decreased by 19.7%, to UAH 573.4 million

In January-May, the plant produced 294 thousand tons of manganese concentrate (-35.1%) and 29.55 thousand tons of iron ore sinter (-77.5%). In 2021 the plant produced 1.21 million tons (-9.3%) of manganese concentrate.

Pokrov Mining and Processing Plant – the largest producer of manganese ore in Ukraine. 24.3% of the shares of Pokrov Plant are owned by four Cypriot companies – Profetis Enterprises Limited, Exseed Investmens Limited, Clemente Enterprises Limited and Alexton Holdings Limited (Privat group).

  • Global Market

Global exports of coking coal fell by 1.4% year-on-year in January-May

Global coking coal exports in January-May 2025 decreased by 1.4% year-on-year to approximately 139 million…

Wednesday June 25, 2025
  • Global Market

European steel producers call on Brussels to impose duties on scrap exports

Steel producers in the EU are calling for the introduction of duties or restrictions on…

Wednesday June 25, 2025
  • Global Market

France reduced steel production by 20.6% y/y in May

In May 2025, French steel enterprises reduced steel production by 20.6% compared to May 2024,…

Wednesday June 25, 2025
  • Companies

Třinecké železárny produced 2.42 million tons of steel in 2024

In 2024, Czech steel giant Třinecké železárny (TŽ) increased its steel production to 2.425 million…

Wednesday June 25, 2025
  • State

The German government has approved a draft budget with a high level of borrowing

On June 24, the German government approved the draft federal budget for 2025, along with…

Wednesday June 25, 2025
  • Companies

Interpipe supplied premium pipes for gas production in Romania

Ukrainian industrial company Interpipe has supplied premium pump and compressor pipes to Romania. This is…

Wednesday June 25, 2025