Business news from Ukraine

Business news from Ukraine

Agroliga reported net profit of €1.82 mln in 2025 after posting loss in 2024

23 March , 2026  

The Agroliga Group (Kharkiv region) reported a net profit of €1.82 million in 2025, whereas it ended 2024 with a net loss of €0.89 million, according to the group’s annual report filed with the Warsaw Stock Exchange on Friday.

According to the report, Agroliga saw its revenue decline by 23.8% last year to EUR42.21 million and its gross profit decrease by 13.8% to EUR4.75 million, but its EBITDA rose by 87.9% to EUR6.47 million.

The company’s investments last year fell by 44.4% to EUR 2.84 million, the report states.

According to the report, at the end of last year, Agroliga’s free cash flow stood at EUR0.4 million, compared to EUR2.69 million a year earlier, due to high balances and a negative cash flow from operating activities (EUR7.06 million), which was offset by increased borrowing.

The document notes that the group’s current development and financial results are not considered satisfactory because it operates in an unstable environment linked to the war and other crises in Ukraine and around the world.

It is also noted that, taking into account the increase in foreign exchange losses, Agroliga’s total loss for 2025 amounted to EUR1.43 million, compared to EUR2.38 million a year earlier.

The Board of Directors does not recommend paying dividends, as the group is operating at a loss due to the war in Ukraine, the report states.

According to the report, Agroliga’s largest revenue streams last year came from the sale of sunflower oil—EUR27.47 million (EUR38.01 million a year earlier)—and granulated meal—EUR9.37 million (EUR12.56 million). Energy sales fell to EUR 1.25 million (EUR 2.98 million), but revenue from processing and agricultural services rose to EUR 3.87 million (EUR 1.25 million).

Geographically, sales in Ukraine amounted to EUR14.29 million (EUR20.18 million a year earlier), in Poland – EUR7.61 million (EUR18.82 million), and in Switzerland – EUR15.46 million (EUR8.00 million a year earlier).

It is also reported that in December of last year, the group sold LLC “Trading House ”Liga Trade“ (Kharkiv). According to data in the YouControl system, its new owner is Ablaz Akimov from Kyrgyzstan, who renamed it ”AKIMAB.”

“Agroliga” cultivates approximately 8,000 hectares of land, and the sunflower oil production plant has a capacity of 35,000 tons per year. The implementation of the ‘green’ project allows the group to produce and sell electricity at a “green” tariff.

As of the end of 2025, the company’s largest shareholders, as in the previous year, were board members Alexander Berdnik and Irina Poplavskaya, each holding a 41.667% stake, while another 5.04% belonged to Novian Polska S.A.

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