KSG Agro: net profit down 50%

18 November 2020

KSG Agro, a Ukraine-based agroholding, received net profit of $4.8 million in January-September 2020, a 52% decrease as compared to the same period last year. Also, the company’s revenue declined 17% to $14.7 million. At the same time, gross profit increased 263% to $6.8 million, while operating profit rose 436% to $ 13.6 million. EBITDA grew 270% to $14.7 million in the reporting period.

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