The net profit of PJSC Agrarian Fund in 2017 almost doubled compared to 2016, to UAH 94.8 million, according to the company’s website.
According to information, last year the income of the Agrarian Fund doubled, to UAH 4.3 billion. At the same time, the company paid UAH 949 million of taxes, dividends amounted to UAH 24.4 million.
Last year the company sold 616,100 tonnes of grain, 248,700 tonnes of flour, of which 19,000 tonnes under export contracts, while increasing its share in the Ukrainian flour market to 13% from 12.2%.
The Agrarian Fund sold flour both in wholesale and retail batches, in particular, in trade networks under its own brand.
In addition, the company last year began selling mineral fertilizers. In 2017 some 245,400 tonnes of mineral fertilizers were purchased with a total cost of UAH 1.88 billion, of which 61,300 tonnes were supplied to agricultural producers.
PJSC Agrarian Fund was established by a government decree in the spring of 2013.
