In the period of May 29 - June 2, 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 6.3% or GBP 0.059 per share to GBP 1.002 per share, rising after an eight-week decrease.
That follows from the data posted at the London Stock Exchange, Ukrainian News Agency reports.
According to the report, on May 29, there was no share trading; on May 30, the shares of the company were quoted at the level of GBP 0.943 per share; and on May 31, they decreased to GBP 0.922 per share.
On June 1, the quotations of shares decreased to GBP 0.919 per share; but on June 2, they rose to USD GBP 1.002 per share.
The transactions were being conducted throughout the week.
Since the start of the year, the company's shares' quotations have decreased by 36.3% (compared to the level of quotations on December 30, 2022 - GBP 1.572).
As Ukrainian News Agency earlier reported, in the period of December 31, 2021 - December 31, 2022, the quotations of shares of Ferrexpo plc at the London Stock Exchange fell by 47.5% or GBP 1.422 per share to GBP 1.572 per share.
In 2022, Ferrexpo plc reduced its profit four times or by USD 651 million year over year to USD 220 million, and revenue – twice or by USD 1.27 billion to USD 1.25 billion.
In 2022, the company reduced EBITDA (Earnings before Taxes, Interest, and Depreciation) by 47% or USD 674 million year over year to USD 765 million.
At the same time, in 2022, capital investments fell 2.2 times to USD 161 million.
Kostiantyn Zhevaho is the majority shareholder of Ferrexpo.
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