Khlibprom Sales More Than Double In 2006
5 March 2008
Ukraine’s largest baker Khlibprom (HOPR) finished 2006 with sales of USD 60 mln an increase of more than 2-times from 2005. The company’s net profits for 2006 reached USD 1 mln and Khlibprom’s EBITDA came to USD 4.7 mln, a jump of more than 60% yoy. HOPR also doubled its consolidated assets in 2006, which now stand at USD 61.9 mln. Khlibprom is part of Universal Group which includes Galnaftogaz (GLNG: HOLD) and Universalna Insurance (SKUN).
