AgroGeneration: net loss $ 19.5 million in H1 2019

06 November 2019

AgroGeneration, a Ukraine-based agroholding operating 80,000 hectares of farmland, reports net loss of $19.5 million in the first half (H1) of 2019 in contrast to net profit of $2 million in H1 2018. Within the reporting period, revenue fell 37% to $12.08 million. EBITDA decreased from positive $ 3.5 million in H1 2018 to negative $ 8.5 million in H1 2019. Operational loss amounts to $ 11.9 million.

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