Ovostar: $ 10.4 million net profit in first half of 2018
30 August 2018
Ovostar Union, a leading Ukrainian egg producer, declared a net profit of $ 10.4 million in the first half of 2018, 2.7 times more than in H1 2017. The company’s revenue increased to $ 63.46 million, 1.7 times up from the equivalent figure of 2017, and the gross profit grew by 100 % to $ 17.67 million. The company’s EBITDA jumped 100 % reaching $ 13.8 million. Besides, Ovostar has shown the sales growth of 31 % and exports growth of 58 % within the first six months of 2018.