Net profit of PJSC “Agrarian Fund” amounted to 147 million hryvnias for 2018

According to the results of 2018, the income of PJSC “Agrarian Fund” amounted to 6.9 billion hryvnias, net profit - 147 million hryvnias. The implementation of the financial plan of the company in terms of net profit is 101%.

During 2018, PJSC "Agrarian Fund" sold 360.6 thousand tons of grain, produced 149.6 thousand tons of flour, and sold 155.4 thousand tons of flour in the domestic market.

The sale of flour took place both with the wholesale and retail batches, in particular, in the trading networks under its own trademark.

Retail products of PJSC “Agrarian Fund” are represented in almost 500 sale points.

In 2018, the Company paid taxes, fees and compulsory payments in the amount of 1.63 billion hryvnias, including value added tax - 1.5 billion hryvnias.

According to the activity results of the enterprise in 2017, PJSC “Agrarian Fund” paid dividends to the state in the amount of 71 million hryvnias. 

Also, in order to increase support for domestic agricultural producers, PJSC “Agrarian Fund” increased the sales of mineral fertilizers in 2018. In the reporting year, the Company purchased 518.8 thousand tons of mineral fertilizers with a total value of 4.25 billion hryvnias, of which 504.5 thousand tons were sold during 2018, which is 8.2 times higher than the sales volume of this product in 2017.

According to the results of 2017, the net profit of PJSC “Agrarian Fund” amounted to 94.8 million hryvnias.  

The relevant information is published on the website of the National Securities and Exchange Commission (NSEC).

It is worth noting that the Company managed to achieve such financial results in 2018 by increasing working capital by attracting the credit financial resources in the leading banks of the country for a total amount of 2.5 billion hryvnias.

Press Service of PJSC "Agrarian Fund"