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PJSC Agrarian Fund 2017 profit reached UAH94.8 million

02.03.2018 19:21 "Agro Perspectiva" (Kyiv) As to the 2017results, the PJSC Agrarian Fund total income has totaled UAH4.3milliard, net profit- UAH94.8million, with financial plan implementation for net profit having reached 103.3%, Ukrainian Ministry of Agrarian Policy and Food says referring to the Ukrainian National Commission on Securities and Stock Market (NCSPFR) website report. As to the report, within 2017the PJSC Agrarian Fund sold 616,100tons grains. Reportedly, within 2017the PJSC Agrarian Fund produced 252,500tons flour. Thus, the Fund boosted its share on the Ukrainian flour market from 12.2% to 13%. As to the 2017results, the PJSC Agrarian Fund sold 248,700tons flour (incl. 19,000tons- on export market); the Fund share on domestic consumption market boosted to 15.6% (share of Ukrainian total flour export- up to 4.3%). As to the report, as of 2017, PJSC Agrarian Fund paid taxes, duties and mandatory payments for the amount of UAH949million (incl. dividends- UAH24.4million). It is to be reminded, as to the 2016results, the PJSC Agrarian Fund net profit amounted to UAH48.7million. It is to be admitted, the PJSC Agrarian Fund is one of the leading operators within the Ukrainian agro-industrial sector. The company was founded as of Apr 22, 2013by the Decree of the Ukrainian Cabinet. As of now, the Fund makes purchases, due to its forward programs, of about one million tons grains, and sells flour. It is to be admitted, the State (represented by the Ukrainian Ministry of Agrarian Policy and Food) is the owner of 100% of the PJSC «Agrarian Fund» shares.

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