«Astarta» sugar segment revenue decreased by 38%
During nine months of 2018, the income of «Astarta-Kyiv» sugar segment decreased by 38% — to EUR 96,3 million, compared to the same period of 2017.
The press-service of the company reports.
Such a result was received due to sugar production decline in the past season and a decline in average prices by 26% — to EUR 333 per one ton.
At the same time more than 113 thousand tonnes of sugar were exported.
Granular pulp sales increased by 88% — to 22 thousand tonnes due to increased corresponding capacities at sugar refineries.
The new sugar refining season continues at the company: its refineries have already produced 230 thousand tonnes of sugar.
Recall that during nine months of 2018 «Astarta» reduced its net profit by 80% compared to the same period of 2017.