Business news from Ukraine

Business news from Ukraine

KSG AGRO REDUCES NET PROFIT BY 3.2 TIMES IN 2020

5 May , 2021  

In 2020, the KSG Agro agricultural holding reduced its net profit by 3.2 times compared to 2019 – to $1.27 million, while increasing EBITDA by 3.1 times – $6.532.
According to an unaudited report of the holding on the website of the Warsaw Stock Exchange, its revenue over the past year decreased by 11% – to $21.34 million.
At the end of 2020, KSG Agro increased its gross profit by 2.6 times – up to $6.59 million, and operating profit by 11.8 times – up to $4.87 million.

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