Grain Alliance increased 12-fold the gross profit for the 2nd quarter 2017

In the second quarter of 2017, Grain Alliance Ukraine increased its gross profit from SEK 3.96 million to SEK 48.63 million.

According to the company's report, Grain Alliance Ukraine received SEK 11.39 million net profit against SEK 14.65 million net loss for the same period in 2016.

The company's revenue in the reporting period amounted to SEK 339.61 million, which is 3.85 times more than in the same period last year (SEK 88.1 million).

EBITDA in the second quarter of 2017 amounted to SEK 31.1 million (SEK -2.94 million in Q2 2016).