The largest producer of oil Kernel increased its sales of sunflower oil for 7%, grain – felled by 6% in the II quarter of the 2016 fiscal year.
Kernel, one of the largest Ukrainian agricultural groups, in the second quarter of fiscal year 2016, which began in July 2015, reduced its grain sales by 6% compared to the same period of the previous fiscal year – up to 1.323 million tons.
As reported in the company’s report, posted on the website of the Warsaw Stock Exchange on Wednesday, selling of bulk oil in October-December 2015 increased by 7% – to 297.05 thous. tons, while sales of bottled sunflower decreased by 9% – to 31.036 thousand tons.
During this period the holding company processed 915.4 thous. tons of sunflower seeds, which is 31% more than in the second quarter of the 2015 fiscal year.
According to the document, transshipment of in export group terminals increased by 18% – to 1.695 million tons.
Kernel explains that the increase in sales took place due to a record amount of sunflower seed processing, which in its turn has increased because of the additional use of third-party plants for processing of an abundant harvest.
Handling of grain at export group terminals has increased to record levels due to the increased bandwidth of Transbulkterminal (Ilyichevsk).
Kernel in a fiscal year 2015 increased grain sales by 12% compared to the previous FY – to a record 4.744 million tons.
The team finished a fiscal year 2015 (July 2014-June-2015) with a net profit of $ 106.9 million against a net loss of $ 98.3 million in FY 2014. Its revenues declined by 3% – to $ 2.33 billion, while its EBITDA increased by 78% – to $ 396.6 million.
Kernel is a vertically integrated company operating in the agricultural sector in Ukraine since 1994. It produces sunflower oil. It carries out the distribution of bottled oil in the country under the trademarks “Shedryi Dar”, “Stozhar”, “Chumak Zolota”, exports oil and grain, as well as provides services for the storage of grains and oilseeds at the elevators.
Source: delo.ua
Radisson Hotel Group has plans to more than double its serviced apartments portfolio within the next 5 years across EMEA. Today, serviced apartments represent around 10% of the Group’s EMEA portfolio with 45 properties and more than 5,400 units in operation and under development. Radisson Hotel Group operates its serviced apartments as a stand-alone or […]
On Monday, December 7, Uber and startup Aurora Technologies announced an agreement under which Aurora will take over Uber’s Advanced Technologies Group, which has been developing self-governing cars. Under the terms of the agreement, Uber will receive $ 400 million, 26% of Aurora shares, and the general director of the taxi service, Dara Khosrowshahi, will […]
Electric car maker Tesla has agreed with brokerage companies to sell its shares for a total of $ 5 billion. This was reported by Bloomberg, citing documents submitted to the US Securities and Exchange Commission (SEC). The shares will be sold at the market price. This is the third sale of Tesla shares in 2020. […]
The first batch of Pfizer coronavirus vaccine has been delivered to Israel. This was reported by The Jerusalem Post on Wednesday, December 9. “A DHL flight from Brussels carried more than 100,000 doses of the newly created vaccine and landed at Ben Gurion Airport in Tel Aviv around 9 a.m.,” the statement said. The doses […]
The American oil and gas giant Exxon Mobil had one of the worst years in its history. Exxon shares have fallen by 45.36% since the beginning of 2020. The company has lost money for three quarters in a row, and in August they were excluded from the benchmark index of “blue chips” Dow Jones Industrial […]
Shares of Pfizer and BioNTech fell 1.74% and 2% (respectively) on Thursday amid news that companies will deliver half of their planned number of vaccines against COVID-19 in 2020. On November 20, Pfizer and its German partner BioNTech applied to the FDA (US Food and Drug Administration) for permission to use their vaccine in an […]
Chinese e-commerce company JD.com Inc announced on Saturday that it will be the first platform in the country to accept China’s digital currency. The Central Bank of China will hold its second digital yuan lottery among citizens of Suzhou, near Shanghai on Friday. The total amount of playable digital yuan is 20 million ($ 3.06 […]
Your employees are most valuable asset that you have. Only the achievement of command results can ahead your business to the sustainable growth. If you business owner, CEO or head-officer? It doesn’t matter. You are the people–manager. On April 16th at Ramada Event Hall will take place an annual business event about affective leadership and […]
Next
Lviv Bus Plant (LAZ) won the case from the communal enterprise Kyivpastrans in payment for delivering to the communal enterprise trolleybuses for over 118 million UAH in 2012. On March 16, the Kiev Commercial Court ordered the Kievprastrans to pay Lviv Bus Plant (LAZ) Ltd. more than 118 million UAH for the delivered trolley buses, […]
Next
The government committee has approved the sale of 71% of shares of PJSC Cherkassyoblenergo by one package.According to Delo.ua web-site, Igor Bilous, the head of the State Property Fund (FGI) reported about it. He says: “The decision on the merge of share blocks has been made, concerning Cherkassyoblenergo. We will sell the integrated packet of […]
Next
Abnormal growth in the value of bitcoin and sharp demand for it is due to the desire of investors to protect their savings from inflation, according to analysts at investment bank Deutsche Bank. Printing machines in the US and the EU will very quickly fill the economy with cheap money, with growing problems in the […]
Next
The Co-owner of the EasyPay Group companies has invested $ 150,000 in the startup Agri Eye, which develops innovative solutions for the agricultural sector. Startuppers will send received funds for the scaling of the team, the perfection of the technology and testing of the technology hypotheses that lie at the basis of the product. Under […]
Next
Today Wells Fargo, the fourth-largest U.S. bank, reported record losses of $2.4 billion in the second quarter, which was even worse than the bank management and Wall Street analysts expected. For the three months by June 30, Wells Fargo’s loss was $0.66. This is $0.46 worse than analysts’ forecast of $0.20 loss per share. One […]
Next
The new draft law on telecommunications in UK suggests that companies, mobile operators, Internet – companies will have to keep the data about activity of their customers online for one year, and this will enable special services to require this data if necessary and to read them. According to the information of the British Government, […]
Next
Group of companies Milk Alliance was the first among dairy companies in Ukraine that complied the order of the Bulgarian partner for the industrial supply of milk products. “This order is a test in order to study the demand and taste preferences of consumers. The products will be available in specialty stores focused on the population of the CIS […]
Next
In the National Council of Ukraine on January 5, 2017 it was a briefing, the participants of which were the chairmen of the regulatory body and in result of which special commissioners of tv chanel got the right to broadcast, according to the source Media Detector. According to Uliana Feshchuk – a deputy head National […]
Next
The current management of the state company Ukrzaliznytsia does not intend to implement the initiative of the previous management to involve representatives of the German company Deutsche Bahn in the management of the Ukrainian railways. This was stated by the head of the board of the UZ Volodymyr Zhmak in the interview with the edition […]
Next
Shares of Zoom Video Communications, which rose 716% over the past 12 months, rose 5.8% during trading on Monday, but closed with an increase of 1.23%. This is very different from the general decline in the market on Monday – major US stock indexes closed lower: the S&P 500 by 1.86%, the Dow Jones by […]
Next
1 + 1 media Group buys Ukraine’s largest satellite TV operator – Viasat. The seller was a Swedish media holding Modern Times Group (MTG). According to the informed sources, the amount of the deal could reach 300 – 500 million UAH ($ 15-20 million). The press service of the 1 + 1 media is short-spoken. […]
Next
Pfizer and BioNTech shares rose sharply on Monday by 4% and 10%, respectively. This happened after the US Food and Drug Administration (FDA) assigned an “accelerated” status to their two COVID-19 potential vaccines. Although the companies have not yet completed the final tests and have not received approval for the production and sale of their […]
Next
Personal position, incredible belief in yourself and in what you do, the constant acquisition of new skills and flexibility, having learned which, in the future you will be able to beat usefully any idea. These are the most important principles by which develops business, said business manager Yuliia Zoteeva. During her training Yuliia substantiate her […]
Next
The State Property Fund (SPF) of Ukraine expects to announce the second tender for sale of “Odessa Port Plant” in late summer – early autumn. This was stated by Igor Bilous, head of the State Property Fund at a press conference in Kyiv on Tuesday. “We expect to start the second round at the end of […]
Next
According to the State Statistics Service, as of January 1, 2017, there are 15 206 join-stock companies registered in Ukraine, 3 122 of which are the public companies. Although the Ukrainian independence celebrates its 25- year anniversary already, only recently the national business has started to review the governance system and the system of effective […]
Next