Milkiland: net loss up 154% in 9M 2020

20 November 2020

Milkiland, an agroholding specialized in dairy production with major operations in Ukraine, reports net loss of $34.4 million in January-September 2020, a 154% increase as compared to the same period last year. Meanwhile, the company’s revenue decreased 54% to $52.1 million, and gross profit declined 52% to $7.5 million in 9M 2020. Operating loss fell 50% to $11.2 million.

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