Business news from Ukraine

KSG AGRO INCREASES REVENUE FROM PIG SALES BY 3% IN Q1 2022

8 June , 2022  

The agricultural holding KSG Agro in January-March 2022 increased its revenue from the sale of pigs by 3% compared to January-March 2021, to $2.58 million.
The growth in sales was caused by an increase in the number of pigs in the agrarian group over the specified period by 17.6%, to 54,500 animals from 46,400 animals, and the offspring of animals – by 28.1%, to 32,300 animals from 25,200 animals, according to a press release from the agricultural holding on Wednesday.
“It is very important for us, especially from the point of view of food security, to increase sales of products. As a result, despite the conditions of martial law, we are able to help the Armed Forces of Ukraine and the defense forces by providing them with pork and other products,” KSG Agro quotes its board chairman Serhiy Kasyanov.
The vertically integrated holding KSG Agro is engaged in pig breeding, as well as production, storage, processing and sale of grains and oilseeds. Its land bank is about 21,000 hectares.
According to the agricultural holding itself, it is among the top five pork producers in Ukraine.

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