Головна сторінка
/
Новини
/

Khlibprom posts UAH 0.82 mln loss in 3Q11

Khlibprom posts UAH 0.82 mln loss in 3Q11

26 October 2011

Khlibprom (UX: HLPR UK, N/R) reported its preliminary 3Q11 non-consolidated financials yesterday: a UAH 0.82 mln loss in the quarter (5.4x growth y-o-y), which brought its loss in 9M11 to UAH 27.81 mln (vs. profit of UAH 0.62 mln in 9M10). Svetlana Rekrut: Khlibprom’s 9M losses were derived from a 18.8% increase in input costs in 1H11 against a background of non-increasing prices for ‘social’ bread (half of revenues). In early May, Khlibprom agreed to an individual plan with officials to gradually raise bread prices by 20% in May-August – the full effect of this adjustment on the company’s bottom line should be visible in 4Q11. Another income-driving factor for 4Q could be a decline in input costs (wheat prices declined by ~15% in August) due to the strong 2011 harvest.

Останні новини

News

23

02/2022

Separatists may claim entire territories of two Ukrainian regions

Russia has recognized “all fundamental documents” of the self-proclaimed Donetsk and Luhansk People’s Republics (DNR...

News

23

02/2022

U.K. to provide USD 500 mln loan guarantee for Ukraine as IMF mission starts

The British government is going to provide up to USD 500 mln in loan guarantees...

News

23

02/2022

MinFin bond auction receipts jump to UAH 3.5 bln

Ukraine’s Finance Ministry raised UAH 3.3 bln and EUR 7.2 mln (the total equivalent of...