KYIV. Aug 4 (Interfax-Ukraine) – British-based Ferrexpo Plc, which controls Poltava and Yerystove ore mining and processing enterprises in Ukraine, in January-June 2017 increased the share of sales of pellets to Central Europe and North-East Asia (NEA), retained to Europe, but reduced to China and South-East Asia.
According to the company’s semi-annual report on the website of the London Stock Exchange (LSE), the share of pellet sales to Central Europe is the largest and stands at 52% (in the first half of 2016 it was 46%).
The share of sales to Western Europe remained at 17%, to North-East Asia rose to 20% from 13%, shipments to Turkey, the Middle East and India increased to 7% from 6%.
At the same time, the share of sales to China and South-East Asia decreased to 3% from 18%.
Exports in monetary terms amounted to $289.714 million to Central Europe, $92.742 million to Western Europe, $120.162 million to North-East Asia, $37.016 million to Turkey, the Middle East and India, and $23.123 million to China and South-East Asia.
Sales and distribution costs in the first half of 2017 were $100.176 million, while in the first half of 2016 they amounted to $101.251 million, and in general for 2016 some $209.530 million.
