MHP sees 35% decline in net profit in Q2

10:02, 23.08.2018 1 min read

 Myronivsky Hliboproduct (MHP) in April-June 2018 reduced its net profit by 35% compared to the same period in 2017, to $100 million.

Its revenue in the second quarter increased by 21%, to $388 million, gross profit by 18%, to $181 million, EBITDA by 1%, to $174 million, operating profit decrease by 1%, to $150 million, the holding said in a quarterly financial statement on Thursday.