The Warsaw Stock Exchange (WSE) suspended trading in shares of the Ukrainian agricultural holding Astarta on Tuesday after their price plummeted by 19.14% since the start of the day—from 37.25 zloty to 30.2 zloty.
According to exchange data, Astarta’s shares were last this cheap in September 2024, whereas in May of this year, their price even exceeded 60 zlotys.
According to the exchange, trading volume in Astarta shares prior to the suspension totaled 1.52 million PLN.
The WIG-Ukraine index of Ukrainian stocks fell by 3.38% at the start of trading on Tuesday, while the Warsaw Stock Exchange’s main index, the WIG20, fell by 1.24%. Specifically, shares of the agricultural holding IMC fell by 9.21%, Agrotona by 1.63%, KSG Agro by 1.37%, and Milkiland by 1.19%.
As previously reported, the Astarta agricultural holding posted a net loss of 14.07 million euros in the first half of 2026, compared to a net profit of 42.27 million euros for the same period last year. While all segments generated a net profit in January–June of last year, this year each segment recorded a loss: in sugar production, a loss of 3.83 million euros instead of a profit of 8.35 million euros; in crop farming, a profit of 20.07 million euros turned into a loss of 3.76 million euros; in cattle breeding, a loss of 2.41 million euros was recorded instead of a profit of 10.68 million euros; in soybean processing, a loss of 2.27 million euros was recorded instead of a profit of 5.84 million euros.
Astarta’s consolidated revenue for the first half of this year decreased by only 0.1% to 226.47 million euros; export sales accounted for 62% of total revenue, compared to 61% in the first half of last year.
At the current price on the Warsaw Stock Exchange (WSE), Astarta’s market capitalization stands at 755 million zlotys ($193.5 million at the current exchange rate).
AGRICULTURAL HOLDING, ASTARTA, stock, UKRAINE, Warsaw Stock Exchange
