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Fozzy Group intends to pay shareholders UAH 120 mln in dividends for 2021
KYIV. Nov 11 (Interfax-Ukraine) – PrJSC Fozzy Group (Vyshneve, Kyiv region), part of the commercial and industrial Fozzy Group, intends to pay UAH 120 million in dividends to shareholders for 2021.
According to the company’s announcement in the information disclosure system of the National Securities and Stock Market Commission about the annual general meeting of shareholders on December 12, dividends will be paid at the rate of UAH 3.75 per ordinary registered share.
Fozzy Group also plans to accrue reserve capital for 2020 in the amount of UAH 540,100, and for 2021 – UAH 3.95 million.
According to the company’s preliminary financial statements, its net profit in 2021 increased 11 times compared to the previous year, to UAH 124.3 million.
The company’s total receivables at the end of last year increased by 1.7 times and amounted to UAH 1.6 billion. Current liabilities decreased by 3.3% to UAH 1.58 billion, while there were no long-term liabilities at the end of 2021.
Retained earnings last year amounted to UAH 137.3 million.
In general, the assets of Fozzy Group at the end of 2021 amounted to UAH 3.67 billion.
Fozzy Group is one of the largest Ukrainian retailers with more than 690 outlets throughout the country. The company develops retail chains of various formats: Silpo supermarkets, Fozzy Cash&Carry wholesale hypermarkets, Fora convenience stores, Thrash! discounters, Bila Romashka pharmaceutical supermarkets, and Ringoo personal electronics stores.
