Domestic agrarian state enterprises post UAH 313mln (USD 12mln) in profits in H1

Domestic agrarian state enterprises post UAH 313mln (USD 12mln) in profits in H1

39 enterprises were profitable, while 69 run in losses

Ukrainian agrarian state enterprises received net profits worth UAH 313mln (USD 12mln) in H1/2017 compared to UAH 65mln of net losses for the same period last year.

39 enterprises were profitable while 69 run in losses, according to the press service of Ministry of Agrarian Policy and Food of Ukraine.

The largest profits posted State Food and Grain Corporation of Ukraine  worth UAH 298mln, salt Artemsol ─ UAH 73mln and the Agrarian Fund ─ UAH 70 million.

The largest losses suffered Bread of Ukraine totaling UAH 29mln, spirits and alcohol Ukrspirt ─ UAH 27mln, and Ukrspirt concern ─ UAH 16mln.

17 state-owned companies were managed at the break-even including 11 enterprises of the Ukrspirt concern.

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