“Astarte” in the first quarter-2017 increased sales of sugar in 2.2 times, corn – in 1,5 times

Astarta

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Today
Telegraph

Interfax-Ukraine

Photo: Wikipedia

Astarta is a vertically integrated agroindustrial holding.

Sales of sugar agro-industrial holding Astarta, the largest sugar producer in Ukraine, in January-March 2017 increased by 2.2 times, up to 141,46 thousand tons compared to the same period in 2016.

According to the company on the website of the Warsaw stock exchange on Tuesday, the sale of corn was increased 1.5 times, to 166,62 thousand tons, wheat – 13.5 times, to 100,07 thousand tons, barley – from 50 tonnes in the first quarter of 2016 to 2.6 thousand tonnes in the first quarter of 2017, sunflower – 6.5 times to 24,49 thsd tonnes, soybean oil – by 2.2 times, to 11.07 thousand tons of soybean meal fell by 2% to 38,46 thousand tons.

As reported, the operating results of agropromholding “Astarta” in 2016, increased in all business segments. Net profit of the company in 2016 has increased by 5.2 times to EUR 83 million and consolidated revenue by 17% to EUR360 million compared to the year 2015.

Astarta is a vertically integrated agro industrial holding, operating in Poltava, Vinnytsia, Khmelnytsky, Ternopil, Zhytomyr, Chernihiv, Cherkasy and Kharkiv regions. The holding consists of eight sugar refineries, agricultural enterprises with land Bank of around 250 thousand ha and dairy farms. In 2014, the holding put into operation a plant for the processing of soybean in Poltava region (LLC “globinskiy processing factory”).

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