$2.7 billion vs. $19.9 billion: What’s happening with DTEK Pavlogradvugillya?
21 April 16:23
DTEK Pavlogradvugillya’s net profit fell sharply in 2025. This is according to data from OpenDataBot, as reported by "Komersant Ukrainian".
According to OpenDataBot, the company earned UAH 2.7 billion in profit in 2025, compared to UAH 19.9 billion the previous year.
This represents a decline of more than sevenfold.
Financial indicators
Revenue
- 2025 — 36.16 billion UAH
- 2024 — 39.75 billion UAH
Decline — moderate, about 9%.
Profit
- Decline — over 85%
This indicates that the main blow fell not on sales volumes, but on business profitability.
What this means
A sharp drop in profit with a relatively small decline in revenue may indicate:
- rising costs (production, logistics, security);
- changes in market conditions;
- additional financial burdens amid the war.
In other words, the company continues to generate significant revenue, but earns significantly less from every hryvnia of revenue.
The company’s role in the industry
DTEK Pavlogradvuhillya:
- Ukraine’s largest coal mining enterprise;
- operates in the Dnipropetrovsk region;
- part of the DTEK Group, owned by Rinat Akhmetov;
- has a workforce of over 16,400 employees.
Market Position
Despite a decline in profits, the company remains among the industry leaders.
As of 2025:
- Ukrnafta — 99.4 billion UAH in revenue
- Ukrgazvydobuvannya — 83.6 billion UAH
- DTEK Pavlogradvuhillya — 36.2 billion UAH
The broader context of DTEK
Other divisions of the holding company are also showing significant results.
In particular:
- D.Trading reported UAH 5.89 billion in net profit in 2025.
This highlights the difference between the segments:
- coal mining is under greater pressure,
- electricity trading — more profitable.
Why this matters
1. The state of the coal industry
The results reflect challenging operating conditions—from military risks to economic pressure.
2. Energy security
The company remains key to ensuring thermal power generation.
3. Redistribution of profits
The energy sector is gradually shifting from production to trading and other segments.
