«Astarta» reduced net profit by 80%
During nine months of 2018, «Astarta-Kyiv» agro-industrial holding reduced its net profit by 80% — to UAH 14,5 million compared with the same period of 2017.
The press-service of the company reports.
At the same time, EBITDA fell by 39% — to EUR 68 million, while net debt as of September 30 amounted to EUR 191 million.
The company reports that consolidated revenues declined by 27% — to EUR 253,5 million, due to lower sales volumes and a substantial drop in prices for key company products — sugar.
The share of sugar segment in the general revenue structure was 38%.