PrJSC Volodymyr-Volynsky Poultry Factory (Volyn region), one of the largest poultry producers in Ukraine, intends to approve the payment of UAH 40 million in dividends for 2019.
According to a company report in the information disclosure system of the National Securities and Stock Market Commission on the annual meeting of shareholders scheduled for April 28, the remaining part of retained earnings is to be fully used for the development of the company.
As reported, Volodymyr-Volynsky Poultry Farm in 2019 received UAH 131.65 million in net profit, which is 5.8 times more than in 2018. Revenue increased by 10%, to UAH 1.85 billion.
Last year, the company produced 55,250 tonnes of poultry for UAH 1.58 billion. The sales amounted to 49,250 tonnes for UAH 1.78 billion. Exports in total sales accounted for 2.62%.
Volodymyr-Volynsky Poultry Factory is a Ukrainian-Dutch enterprise, one of the five largest producers of chicken in Ukraine, occupying about 6% of the market.
