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Ukrproduct Releases 2006 Financial Results

Ukrproduct Releases 2006 Financial Results

21 June 2008

Ukrproduct (UKR LN), one of Ukraine’s largest producers and distributors of branded dairy products, released its 2006 financial results: consolidated net income of USD 2.19 mln (down 21.4% yoy) and sales of USD 70 mln (down 12% yoy). According to Chief Executive Iryna Yevets, a Russian embargo on Ukrainian dairy products had a significant impact on the company’s sales.

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