September 12, 2013


Ukraine's Agroholding Industrial Milk Company's profit up 70.5%


In the first half of 2013, Ukraine's Agroholding Industrial Milk Company (IMC) posted a net profit of US$41.1 million or up 70.5% from the same period of 2012.


According to the milk company, the revenue in that period increased by 65.8% to US$53.2 million. The company's total profit grew by 77.4% to US$53.82 million and its operating profit amounted to US$45.7 million or up 80% on-year.


IMC's earnings before interest, taxes, depreciation and amortisation rose by 75.6% to US$51.5 million in January-June of 2013.