In the period of December 31, 2021 - December 31, 2022, 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 fell by 47.5% or GBP 1.422 per share to GBP 1.572 per share.
That follows from the data posted at the London Stock Exchange, Ukrainian News Agency reports.
As of December 31, 2021, the shares of the company were quoted at GBP 2.994 per share, and they were down to GBP 1.572 per share at the end of 2022.
The highest figure for the year was recorded on January 12 - GBP 3.172 per share, the lowest - on November 1 - GBP 0.976 per share.
During the last week of 2022 (December 26-30), the quotations of shares declined 4.4%, or by GBP 0.073 per share, to GBP 1.572 per share.
As Ukrainian News Agency earlier reported, in the period of December 31, 2020 - December 31, 2021, the quotations of shares of Ferrexpo plc at the London Stock Exchange rose by 5.8% or GBP 0.164 per share to GBP 2.994 per share.
In January-June 2022, Ferrexpo plc decreased its profit eight times, or by USD 579.4 million, to USD 82.073 million, reducing earnings by 30.8%, or USD 416.8 million, to USD 935.874 million year over year.
In the first half of the year, due to higher costs, mainly due to lower production volumes, rising global inflation and energy prices, the company reduced its Earnings before Interest, Taxes, Depreciation, and Amortization (EBITDA) by 44%, or USD 382.2 million, to USD 486.121 million, capital investment decreased by 28% to USD 102 million.
Kostiantyn Zhevaho is the majority shareholder of Ferrexpo.
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