Agroliga increased net profit by 11%

The company Agroliga in 2017 reported EUR 4.21 million of net profit, which is 11.36% more than in the previous year.

Sales revenue over the reported period increased 2.1% to EUR 21.79 million, gross profit rose 30.63% to USD 5.97 million, and operating profit — by 33.93% to EUR 5.19 million.

The cost of sales decreased from USD 17.01 million in 2016 to USD 16.71 million in 2017.

Earlier it was reported that Agroliga was completing the construction of the oil extraction plant in Kharkov region.