Business news from Ukraine

AGRARIAN FUND SEES 58.3% RISE IN NET PROFIT IN H1 2015

27 July , 2015  

KYIV. July 27 (Interfax-Ukraine) – Public joint-stock company Agrarian Fund saw UAH 624.635 million in net profit in January-June 2015, which is 58.3% up year-over-year, the company said in a quarterly report.

The company said that its net revenue over the period fell by 30.4%, to UAH 1.398 billion.

Gross profit totaled UAH 454.892 million in January-June 2015, which is 45.1% up year-over-year. Operating profit grew by 70.3%, to UAH 540.579 million.

Agrarian Fund was created under a cabinet resolution in spring 2013. Its charter capital is UAH 5 billion.