MHP’s net income up 2.5x yoy in 3Q08
17 December 2008
According to the company’s press-release, Mironivskiy Hliboproduct’s (MHPC LI) net income surged 2.5x yoy in 3Q08 to USD 69 mln, while net margin increased to 27% in 3Q08 from 18% in 3Q07. In 3Q08, the company’s sales grew 77% yoy to USD 255 mln, EBIDTA climbed 50% yoy to USD 83 mln. Financial statements were prepared under IFRS.
