Business news from Ukraine

APK-INVEST SEES 3.9-FOLD RISE IN NET PROFIT IN 2016

15 March , 2017  

KYIV. March 15 (Interfax-Ukraine) – Private joint-stock company APK-Invest (Donetsk region), a large pork producer in Ukraine, saw a 3.9-fold rise in net profit, to UAH 252.2 million.

The company said that its assets last year grew by 35.7%, to UAH 4.41 billion.

Total bills receivable came to UAH 239.67 million compared to UAH 181.4 million in 2015.

Current liabilities grew by 37%, reaching UAH 738.1 million. The company posted a 3.6-fold rise in undistributed profit, to UAH 373.1 million.

APK-Invest is a vertically integrated agro-industrial company with a complete closed cycle of production of chilled pork from growing grain and animal feed production to production and sale of meat goods.

The company has production facilities in Krasnoarmiysk and Kostiantynivka districts of Donetsk region.

The main owner is Borys Kolesnikov.