Ferrexpo mining company with assets in Ukraine in January-June 2021 received $661.426 million in net profit, which is 2.65 times higher than in 2020 ($249.908 million).
According to the half year report of the company posted on the London Stock Exchange on Wednesday, its revenue for the reporting period grew by 74.3%, to $1.353 billion from $775.831 million.
EBITDA jumped 2.47 times, to $868 million from $352 million in the first half of 2020.
Ferrexpo’s capital investment in the first half of this year was $142 million, up from $96 million in the first half of last year.
Interim dividends amounted to 39.6 cents per share (in the first half of 2020 they were 13.2 cents).
Japan on August 2 lifted the ban on the export of Ukrainian poultry and eggs, introduced in December 2020 in connection with the spread of pathogenic avian influenza in Ukraine, according to a Wednesday posting on the website of the State Service for Food Safety and Consumer Protection.
“We are not only creating new export opportunities for Ukrainian companies, but also restoring access to foreign markets that were closed for one reason or another. Such closure decisions are usually made quickly, and it takes a long effort to convince partners to reopen the market. I am glad that we managed to convince the Japanese partners of the safety of Ukrainian products, and from now on Ukrainian companies can again export their products,” the authority said, citing Minister of Foreign Affairs of Ukraine Dmytro Kuleba.
The authority said that the Ukrainian side informed its Japanese partners in detail about the measures taken in Ukraine to combat outbreaks of avian influenza.
National bank of Ukraine’s official rates as of 04/08/21
Source: National Bank of Ukraine
Official rates of banking metals from national bank as of August 04
One troy ounce=31.10 grams
Odesa seaport in July received a positive financial result from economic activities at the level of UAH 1.3 million.
According to the press service of the Ministry of Infrastructure, the reasons for the company’s profitability are the introduction of a balanced tariff policy, attracting new customers, reducing the company’s expenses and modernizing equipment.
The department notes that the previous periods were unprofitable for the company. In particular, a loss of UAH 9.4 million was recorded in June. Over the past six months, the total loss of the enterprise amounted to UAH 29 million.
“For the first time in the past six months, Odesa port will profit from its activities. The indicator for June in the amount of UAH 4 million is the largest since July last year. The successful result was demonstrated despite the fact that, in general, July was the month with the lowest number of ship calls since the beginning of 2021,” the ministry said.
In January-June 2021, Odesa seaport handled 10.402 million tonnes of cargo, which is 13.6% less than in the same period in 2020. In 2020, the seaport handled 23.37 million tonnes of cargo, which is 7.8% less than in 2019.
The Swiss authorities have lifted restriction on entry of Ukrainian citizens into the country.
“The restriction on entry into Switzerland has been lifted for citizens of Ukraine since August 2,” the online resource of the Ministry of Foreign Affairs of Ukraine reports.
It is noted that in order to enter Switzerland, Ukrainians must present a certificate of a full vaccination course (if 14 days have passed since the last dose), a negative PCR test result (must be done a maximum of 72 hours before entry), a negative rapid antigen test result (must be done a maximum of 48 hours before entry) or confirmation that you have had coronavirus in the last six months and have recovered.
At the same time, only a certificate of vaccination with drugs recognized in Switzerland is taken into account, in particular, Pfizer/BioNTech (BNT162b2/Comirnaty/Tozinameran), Moderna (mRNA-1273/Spikevax/COVID-19 vaccine Moderna), AstraZeneca (AZD1222 Vaxzevria/C, Janssen/Johnson & Johnson (Ad26.COV2.S), Sinopharm/BIBP (SARS-CoV-2 Vaccine (Vero Cell)), Sinovac (CoronaVac).
“For persons who arrived in Switzerland from regions with dangerous variants of the virus and who have been in these regions for more than ten days, and who are not vaccinated or cannot prove that they have had COVID-19 in the last six months, a ten-day quarantine is provided,” the Foreign Ministry said.
