Homepage  Homepage     Search on site  Search on site     To write the letter  To write the letter     Site map  Site map
Agro Perspectiva
We are on: 
   

AGRO PHOTO

FIELD DAY CONTINENTAL FARMERS GROUP
 


Home > News

Agroton sees $3.6 mln in net loss in H1 2020

02.09.2020 16:00 "Agro Perspectiva" (Kyiv) Agricultural holding Agroton (Luhansk region) ended January-June 2020 with a net loss of $3.59 million, while for the same period last year it saw a net profit of $3.28 million.

According to the holding’s report on the Warsaw Stock Exchange’s website, its revenue in the first half of this year decreased 22.4%, to $ 13.85 million.

The gross profit of Agroton, due to the revaluation of biological assets, increased 2.1-fold, to $8.35 million, and operating profit jumped 29.6-fold, to $5.86 million.

In the first half of the year, inventories decreased from $20.18 million to $4.8 million, while biological assets increased from $9.11 million to $33.41 million.

According to the report, the loss is associated with an increase of almost 7.1 times in financial expenses, to $10.1 million.

Taking into account positive exchange rate differences, the cumulative loss in the first half of 2020 was $0.78 million compared with a profit of $2.91 million in the first half of last year.

At the end of June this year, Agroton’s free cash amounted to $10.24 million compared to $11.94 million at the beginning of the year, while total liabilities decreased from $27.64 million to $26.09 million.

Agroton has been operating in the Ukrainian market since 1992. It specializes in the cultivation of grain and oilseeds, the production and sale of livestock products.

«-»

Agro Perspectiva

< The Nature Conservancy, Cargill, McDonalds and Target unite to support Nebraska farmers regenerative agriculture practices to invest in an even more sustainable beef supply chain All news for
02.09.2020
Deere completes Unimil acquisition >

28.10.2020  
17:00 European Bank for Reconstruction and Development and FAO approve COVID-19 technical support package
16:45 2020 EU milk deliveries will grow by one percent
27.10.2020  
16:41 Pork. Global productionisforecast 4 percent higher in 2021 due to rebounding output in countries affected by ASF
26.10.2020  
17:00 FAO and OIE kickstart global initiative to stop spread of deadly pig disease
16:50 KWS Group achieved an approximately 15% increase in net sales to 1.28 billion in fiscal 2019/2020
16:35 NBU keeps key policy rate at 6%
23.10.2020  
13:00 Cargill invests to promote circular economy with its first multi waste- and residues-based biodiesel plant
21.10.2020  
13:55 International prices of wheat and maize rose sharply in September but those of rice edged down
20.10.2020  
20:45 ACC insists on early adoption of law on govt bond issue for settlements with 'green' energy
20:25 New Zealands milk production in 2021 is forecast at 22 MMT
16.10.2020  
15:10 Despite the threat of the COVID-19 pandemic and lumpy skin disease, Taiwans $1.5 billion dairy sector remains strong
15.10.2020  
15:10 IMF improves assessment of Ukraine's GDP fall in 2020 to 7.2%, growth to 3% in 2021
12.10.2020  
11:35 Manitou Group formalizes its partnership with NEOLINE to reduce its carbon footprint
09.10.2020  
16:25 Inflation in Ukraine grows by 0.5%, falls to 2.3% year-over-year in Sept statistics
15:30 Prospects for U.S. Corn in Latin America
08.10.2020  
16:10 World Bank predicts Ukraine's GDP fall by 5.5% in 2020 with 1.5% growth in 2021
15:25 Cereal markets to remain well supplied in 2020/21
14:25 Prices of several staples up to multi-month highs
05.10.2020  
16:30 UAE consumption of chicken meat products has fallen but stabilized
15:05 Ovostar creates JV with Dutch JMMMTJL to sell egg products
13:30 EBRD provides working capital loan to Ukraines Astarta
30.09.2020  
18:20 FAO's Committee on Agriculture focuses on how livestock sector transformation can contribute to achieving the SDGs
17:45 Argentina forecasts 2021 chicken meat production up 2% at 2.23 MMT
29.09.2020  
16:35 CNH Industrial announces subsidiary notes offering
28.09.2020  
17:15 Czech Republic Sees Solid Harvest Despite Initial Drought
23.09.2020  
14:55 Russian Federation. Steady demand for chicken meat and ample feed supplies are expected to lift production to 4.725 MMT in 2021
14:40 World peach and nectarine production is forecast down 1.1 million metric tons to 21.0 million
22.09.2020  
12:15 High-level roundtable calls for strengthened collaboration in the Near East and North Africa
12:09 State Statistics Service confirms assessment of Ukraine's GDP fall at 11.4% in Q2 2020
11:45 Belarus plants half of area under winter grain
11:20 Fitch affirms Kernel at 'BB-', outlook stable
11:11 Consumer confidence of Ukrainians continue improving in Aug study
17.09.2020  
17:15 Development of secondary govt bond market could solve problem of financing of state budget 2021 deficit member of NBU Council
16:25 Drought Continues to Stymie Romanian Oilseeds
16:15 Private Exporters Report Sales Activity for China and Unknown Destinations
16.09.2020  
15:30 Case IH Adds New Configurations to Seeding and Planting Portfolios
14:20 COVID-19 impacts driving up acute hunger in countries already in food crisis
13:25 J.P. Morgan expects Ukraine's GDP to fall by 4% in 2020, grow by 6% in 2021
15.09.2020  
16:15 Belarus Expanded Crush Capacity Drives Soybean
15:45 The world is falling behind on SDGs
11.09.2020  
16:20 Money supply in Ukraine expands by 0.7% in Aug
14:12 Asia-Pacific countries pledged bold and innovative action for food security and livelihoods
13:35 FAS Cairo (Post) forecasts Egypts wheat production in MY 2020/2021 to reach 8.9 MMT
13:30 Fall of Ukraine's GDP slows down to 6.2% in seven months Economy Ministry
12:00 Hot testing starts at Chernobyl spent-fuel storage
10.09.2020  
16:15 Private exporters reported to export sales of 195,000 metric tons of soybeans
16:10 BASF New Business and G-Philos sign MoU for cooperation in power-to-gas (P2G) business
09.09.2020  
13:33 PrivatBank remains most profitable Ukrainian bank, Ukreximbank unprofitable in seven months
07.09.2020  
15:00 NBU retains grain harvest forecast at 72 mln tonnes in 2020
13:25 EBRD providing 10 million loan to Ukraines Agrofusion

Also available: 

Agrarian Week in digital



READ ON-LINE




NewsNews - News - News - News - News - News
BriefWeekly Reports - Free article
SubscriptionTariff - News&Reports
AdvertisingMagazine - Site
ConferencesForum AGRO-2013 - DAIRY WORLD-2008 - FERTILIZERS-2010
Statistics
For our clientsAgroNewsDaily - Ukrainian Grain&Oilseed Market - Fertilizers - Milk Monthly - Milk Weekly
About usAbout project - Contact
2002 -2020 © Agrarika, ltd.
tel.: +380 44 4868119; +380 44 5934540
e-mail: client@agroperspectiva.com