KSG Agro profit in 1H 2018 reduced threefold
In the first half of 2018, the KSG Agro company received a three times lower profit of USD 0.98 million as compared to the corresponding period of 2017.
According to the report, the company's revenue in 1H 2018 grew by 25% to USD 8.7 million.
The gross profit decreased fivefold to USD 0.97 million, whereas operating profit reduced four times to USD 1.16 million.
Reference: in May, KSG Agro reported a successful completion of the spring field works.