Agroton net profit up 47% in 1H 2018

The Agroton company informs in its report that its net profit for 1H 2018 amounts to USD 11.8 million, which is USD 3.8 million (or 47%) more y-o-y.

The revenue reached USD 16.6 million vs USD 16.5 million. It is noted in the report that the gross profit increased to USD 8.85 million, and the operating profit — to USD 5.77 million.

The net finance income of the company stood at USD 6.03 million which is 1.6 times higher y-o-y.

Reference: Agroton recorded a profit of USD 8.3 million for the year 2017 compared to USD 21.8 million the previous year.