MHP sees net profit rise by 1.7 times in 2019

09:44, 14.04.2020 1 min read

The net profit of Myronivsky Hliboproduct agricultural holding (MHP) in 2019 increased by 1.7 times compared to 2018, to $215 million.

According to a company report on the London Stock Exchange's website, its revenue last year increased by 32%, to $2.06 billion, due to the increased sales of chicken, vegetable oil and semi-finished products, as well as the purchase of PP.

Export revenue amounted to $1.19 billion, which is 58% of total revenue (60% in 2018). Export revenue increased by 28% compared to 2018 due to the growth in sales of grain, vegetable oil and meat products.