Kyivenergo to send 84% of 2016 net profit to pay dividends
Public joint-stock company Kyivenergo will send 84% of its net profit for 2016 to pay dividends.
According to a company report, Kyivenergo will pay UAH 2.167 million of dividends in the period from June 21 through July 1, 2017.
As reported, the company saw UAH 2.578 million of net profit in 2016 compared to net loss of UAH 1.695 billion in 2015. Net revenue grew by 31.5%, to UAH 23.735 billion.
Kyivenergo operates almost all energy facilities located in the capital, except for Darnytsia combined heat and power plant. DTEK owns 72.4% of Kyivenergo. Another 25% plus one share stake in the company belongs to the state.