MHP ups monthly production, sales 50% yoy in 2009

Mironivskiy Hliboproduct (LSE: MHPC LI) announced this morning in a trading update for 2009 that it increased its monthly production volumes and sales 50% yoy in 2009 following the launch of phase two of its Myronivka poultry farm. The company reported that in 2009 its volume of chicken meat sales increased 26.9% you to 272.9 ths mt; in 4Q09 the figure was up 50.7% yoy to 80 ths mt. MHP said its facilities operated at full capacity all year and that it was able to sell close to 100% of chicken produced. The company expects to release financial results for 4Q09 and 2009 in April.