KYIV. July 31 (Interfax-Ukraine) – Net profit of public joint-stock company Agrarian Fund saw a 2.8-fold rise in net profit in January-June 2017, to UAH 70.18 million.
According to a financial report of the company, its revenue in H1 2017 totaled UAH 1.82 billion compared with UAH 1.31 billion in H1 2016.
Gross profit of the Agrarian Fund in January-June 2017 fell by 3.7%, to UAH 224.7 million. The company saw a 2.6-fold rise in operating profit, to UAH 106.1 million.
The fund sold 286,300 tonnes of grain, 122,700 tonnes of flour and 44,300 tonnes of processed food in January-June 2017. Over the period the company exported 19,000 tonnes of grain and 6,900 tonnes of grain products.
In 2016, the fund saw a 69% fall in net profit, to UAH 48.7 million. Revenue totaled UAH 2.1 billion and pretax profit – UAH 410 million.
Agrarian Fund was established in spring 2013 by the government decree. Its charter capital is UAH 5 billion.
