In the period of July 15-19, the quotations of shares of Ferrexpo plc (United Kingdom), which controls Poltava Mining and Yeristovo Mining (both located in Horishni Plavni, Poltava Region), at the London Stock Exchange increased by 7.0% or GBP 0.041 per share to GBP 0.546 per share, falling for the second week in a row.
That follows from the data posted at the London Stock Exchange, the Ukrainian News agency reports.
According to the report, on July 15, the shares of the company were quoted at the level of GBP 0.587 per share; on July 16, they decreased to GBP 0.558 per share; and on July 17, they further decreased to GBP 0.534 per share.
But on July 18, the share quotations increased to GBP 0.552 per share; but on July 19, they decreased to GBP 0.546 per shares.
The transactions were being conducted throughout the week.
Since the start of the year, the company's share quotations have decreased by 39.5% (compared to the level of quotations on December 29, 2023 - GBP 0.903).
As the Ukrainian News agency earlier reported, in the period of July 8-12, the quotations of shares of Ferrexpo plc at the London Stock Exchange decreased by 2.1% or GBP 0.013 per share to GBP 0.593 per share, after rising during the previous three weeks.
In the period of December 31, 2022 - December 31, 2023, the quotations of shares of Ferrexpo plc at the London Stock Exchange fell by 42.6% or GBP 0.669 per share to GBP 0.903 per share.
In 2023, Ferrexpo plc incurred a loss of USD 85 million, while the company ended 2022 with a profit of USD 220 million.
In 2023, Ferrexpo reduced revenues by 47.8%, or USD 596 million, to USD 652 million.
In 2023, compared to 2022, the company reduced EBITDA (Earnings before Taxes, Interest, and Depreciation) 5.9 times, or by USD 635 million, to USD 130 million, and capital investment by 31% to USD 101 million.
Kostiantyn Zhevaho is the majority shareholder of Ferrexpo.
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