Ovostar: net profit down 34% in H1 2021

01 September 2021

Ovostar Union, Ukrainian agroholding and large-scale egg producer, received net profit of $1.62 million in January-June 2021 (H1 2021), a 34%-decrease, as compared to H1 2020. At the same time, the company’s revenue increased 38% to $61.4 million, gross profit declined 14% to $6.6 million, and operating profit decreased 50% to $1.37 million within the same period.