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Astarta net profit up 12 times

13 August 2021

Astarta-Kyiv, a vertically integrated agroholding operating 250,000 hectares of farmland in Ukraine, reports to have received net profit of $105 million in January-June 2021 (H1 2021), a 1,100% increase, as compared to H1 2020 . Meanwhile, the company’s revenue declined 12% to $177 million within the same period. Gross profit almost doubled to $145.2 million, operating profit increased 180% to $117.5 million, and EBITDA rose 87% to $146.5 million in H1 2021, as compared to H1 2020.

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