«Astarta» sugar segment incomes decreased by 48%
For the first three months of 2018 «Astarta» sugar segment generated 39% of consolidated revenues with EUR 36 million. It is almost 48% lower y-o-y as prices declined and volumes lowered on reduced production in the 2017 season.
It is reported by the press service of the company.
In the 2017/2018 marketing year, the global sugar market switched to surplus on significant output expansion in India, the EU and other regions....