KYIV. March 4 (Interfax-Ukraine) – Public joint-stock company Yahotyn butter plant (Kyiv region), a large milk processing company in Ukraine, saw a 2.4 times rise in net profit in 2015, to UAH 60.745 million.
According to a company report on holding a general meeting of its shareholders scheduled for April 12, its assets grew by almost 19%, to UAH 628.394 million and undistributed profit rose by 46%, to UAH 197.328 million.
The plant fully liquidated long-term liabilities last year, which were UAH 2.994 million as of late 2014, while current liabilities rose by 2%, to UAH 283 million.
Yahotyn butter plant is part of Milk Alliance, created in June 2006 as a holding company with a charter capital of UAH 23.5 million, with long-term financial investment accounting for 99.9%.
Milk Alliance unites Pyriatyn cheese factory, Bashtanka cheese factory, Horodenka, Trostianets, Novoarkhanhelsk and Zgurivka cheese factories, Zolotonosha butter factory, as well as Varvamaslosyrzavod and Etalonmolprodukt, and Etalon trade house sales companies.
