AgroGeneration reported for the first half of 2017.

AgroGeneration for the first half of 2017 received €305 thousand of net loss vs. €233 thousand of net profit for the same period of 2016.

According to the company's report, the revenue amounts to €11.43 million, which is 2.99 times more than in the first half of 2016. Over the reporting period, the cost of sales increased to €10.92 million (in the first half of 2016 — €2.93 million).

"The gross profit amounted to €10.44 million compared to €8.77 million in the first half of 2016. This increase is mainly due to the receipt of €2 million from changes in the fair value of biological assets," the report says.

The company's operating profit decreased from €4.12 million in the first half of 2016 to €3.39 in the first half of 2017. EBITDA amounts to € 5.95 million.

Reference: in the coming years, AgroGeneration plans to increase the export of agricultural products by 20%.