Malt producer Slavutsky Malt Plant PJSC (Krupets, Khmelnytsky region), a member of the international agro-industrial group Soufflet, increased its net profit by 4 times in 2023 compared to 2022 – up to UAH 388.57 million.
According to the company’s report in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), its revenue for the year increased by 15.3% to UAH 1.671 billion, assets – by 3.7 times to UAH 1.073 billion, and total debt obligations decreased by 2.7 times to UAH 128.915 million.
At the same time, the company increased the number of employees by five to 83.
According to the report, at the annual shareholders’ meeting on April 19, shareholders will be proposed to use the profit to develop the company and replenish working capital, and not to accrue or pay dividends based on the results of financial and economic activities for 2023.
Slavuta Malt Plant is owned by International Malt Company JSC, which was founded by Compaginie Internationale de Malteries (France), a company created by the merger of Soufflet Group and the French agricultural cooperative Invivo.
Soufflet Group, one of the world’s largest malt producers, has 28 malt plants in Europe, Asia and South America. The company is the largest flour producer in France, produces bread and confectionery in France and Portugal, and operates on the international grain market through its trading division Soufflet Negoce.
