3,893 new cases of COVID-19 were registered in Ukraine last week, which is 40% more than a week earlier, Interfax-Ukraine was told at the Ministry of Health, citing head of department Viktor Lyashko
“Over the past week, 3,893 new cases of the disease were detected, which is 40% more than a week earlier,” the Ministry of Health said.
The Minister said that as a result of COVID-19 over the past week, 16 people died from complications, a week earlier – 14 people
At the same time, 1,763 patients were hospitalized in hospitals with COVID-19 over the past week, while 1,682 people recovered.
Currently, about 5% of the beds allocated for patients with COVID-19 are occupied in Ukrainian clinics.
Agricultural holding KSG Agro in January-June 2022 increased its normalized profit by 43% compared to the first half of 2021 – up to $1.21 million from $0.85 million.
According to the holding’s report on the Warsaw Stock Exchange website on Wednesday, its net profit over this period decreased 16 times, to $0.86 million from $13.7 million in the first half of 2021. This change is due to the fact that in the first half of last year, the agricultural group received $12.86 million in profit from the sale of subsidiaries, while in the first half of 2022 it spent $0.35 million on the purchase of assets.
In addition, KSG Agro’s EBITDA decreased in January-June 2022 by 17% to $2.22 million compared to the same period last year, while its revenue decreased by 12% to $6.02 million.
The agricultural holding also reduced gross profit by 17% to $2.05 million, operating profit by 22% to $1.48 million.
According to the report, in the first half of 2022, the group of companies received a net loss of $2.1 million due to the difference in exchange rates, while in January-June 2021 this factor generated $0.49 million in net profit.
KSG Agro emphasizes that under the conditions of the Russian military invasion of Ukraine, the agrarian group has successfully completed the spring sowing campaign, finished harvesting the winter crops and does not expect significant interruptions in the production cycle in the near future.
The report indicates that the total capital of the agricultural producer by June 30, 2022 decreased by 3.8% compared to December 31, 2021, to $22.44 million, while its net debt increased by 14.6%, to $30.89 million Thus, in the first half of the year the ratio of net debt to capital increased by 15.9% – up to 1.38.
The total assets of the agricultural holding for the specified period decreased by 4.1%, to $68.52 million, while long-term debt obligations increased by 10.3%, to $28.43 million, and current liabilities decreased by 21.1%, to $17, 65 million
“The Board of Directors is developing a new development strategy to expand the group’s activities in the EU with the clear goal of having the majority of assets and revenues there over the next 3-5 years. This goal can be achieved through a series of mergers and acquisitions and is financed by a combination of equity and debt funds, including additional issues of shares,” the agricultural holding announced its plans in the report.
At the same time, KSG Agro does not plan to sell its assets in Ukraine. Its development strategy is to expand and invest only in Ukraine to hedge potential risks, as well as mitigate the negative impact on the group’s activities in the current macroeconomic situation in the country.
The number of sows of the agricultural group by June 30, 2022 increased by 9.5% compared to December 31, 2021 – up to 6.09 thousand. At the same time, the total number of animals (pigs and piglets) increased by 30%, up to 52.9 thousand. heads.
In the crop-growing segment, the agricultural holding in January-June of the current year reduced its net profit by 16.4% compared to the same period last year, to $1.22 million, in the livestock segment it increased by 9.2%, to $0.77 million. “other operations” (production of fuel pellets and thermal energy) net profit decreased by 4.7 times, to $0.07 million.
Thus, the total profit of the agricultural group in the operating segment in the first quarter of this year amounted to $2.05 million (-17% compared to the same period last year.
The vertically integrated holding KSG Agro is engaged in pig breeding, as well as the production, storage, processing and sale of grains and oilseeds. Its land bank is about 21 thousand hectares in the Dnepropetrovsk and Kherson regions.
According to the agricultural holding, he is in the top 5 pork producers in Ukraine.
KSG Agro in 2021 increased its net profit by 16 times compared to 2020 – up to $20.27 million, revenue – by 44%, up to $30.75 million, while doubling EBITDA – up to $12.28 million.
The owner and chairman of the board of directors of KSG Agro is Sergey Kasyanov.
Exports of goods in % to the previous period in 2021 and 2022
SSC of Ukraine
The United States will provide Ukraine with $89 million to deploy 100 demining teams, US Ambassador to Ukraine Bridget Brink said.
“Mines, unexploded ordnance, other explosive objects block agricultural land, delay recovery, prevent people from returning home, kill, maim innocent Ukrainians. Therefore, we are providing $ 89 million for Ukraine to deploy 100 demining teams and make the country safer,” – wrote the ambassador on Twitter.
The construction of a plant in Ukraine for the production of Bayraktar strike operational-tactical drones may take several months, and it will be launched in 2023, Ukrainian Ambassador to Turkey Vasily Bodnar predicts.
“Of course, there are some nuances associated with the import of certain equipment and the choice of a company for construction, but these are technical details. I think that in the next month we will see some progress in this matter … The construction itself may take several months, and the launch of the plant (may take place – IF-U) in 2023, perhaps at the end,” he said on the air of the national telethon #UAat once on Monday.
Bodnar recalled that during the visit of Turkish President Recep Tayyip Erdogan to Ukraine on February 3, a corresponding agreement was signed, and a week and a half ago, the Cabinet of Ministers of Ukraine approved it and submitted it to the Verkhovna Rada for ratification.
“In parallel, the owner of the Baykar Makina company acquired a land plot and made a project of the plant itself, and also created a corresponding Ukrainian company, which it registered. It seems to me that, despite the ongoing ratification process, the company is already starting preparatory work in order to start building this plant” – added the ambassador.
Subscribers of the Kyivstar mobile operator with the “Roaming like at home” tariff used 5.256 GB of mobile Internet on average in July and called in roaming for 191 minutes, the company said in a press release.
According to its data, customers of the standard roaming tariff download an average of 201 MB of data per month and talk for 9 minutes, which is 26 and 21 times less than the indicators of the “Roaming like at home” tariff, respectively.
Kyivstar clarified that in general, during the three months of providing the “Roaming like at home” service, the company’s subscribers used almost 32 million GB of mobile Internet and talked at this rate for about 117 million minutes.
As reported earlier, the operators of Ukraine and the EU signed a joint declaration on coordinated efforts to ensure and stabilize affordable or free roaming and international calls between the EU and Ukraine. Kyivstar plans to maintain this service at least until the end of this year.
As Kyivstar President Alexander Komarov recently pointed out in an interview with Interfax-Ukraine, in July the company had about 1.3-1.4 million customers in roaming, and 80-90% used the “Roaming like at home” service, which provided in 30 countries around the world.
Kyivstar in the II quarter of 2022 reduced EBITDA by 4.8% with revenue growth of 3.9% (in dollars – by 2%) compared to the same period in 2021 – to UAH 7.37 billion.
Kyivstar is the largest Ukrainian telecommunications operator. Provides communication and data transmission services based on a wide range of mobile and fixed technologies, including 3G. As of the middle of this year, its services were used by about 24.8 million mobile subscribers and over 1 million fixed Internet customers.
Kyivstar’s shareholder is the international group VEON (formerly VimpelCom Ltd.). The group’s shares are listed on the NASDAQ (New York) stock exchange.
