Business news from Ukraine

LARGEST POULTRY PRODUCER MHP TO PAY $80 MLN DIVIDEND

12 March , 2018  

The Board of Directors of Myronivsky Hliboproduct (MHP) has approved payment of an interim dividend of $0.7492 per share, equivalent to approximately $80 million. According to a report of the company on the London Stock Exchange (LSE), the dividend will be paid to shareholders by the end of April 2018. As reported, net profit of MHP grew 3.3-fold last year, to $230 million compared with 2016. Revenue grew by 13.4%, to $1.288 billion.
MHP is the largest poultry producer in Ukraine. It is also engaged in production of grains, sunflower oil, and meat. The company supplies cooled halved carcasses of hens to the European market. They are processed there, including at its enterprises in the Netherlands and Slovakia.