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Ovostar export sales of eggs up 35 pct
22 April 2019, 13:58
In Q1 2019, Ovostar Union export sales of shell eggs grew by 35 per cent YoY and reached 186 mln (Q1 2018: 138 mln), 56 per cent of the total number of eggs sold in Q1 2019 (Q1 2018: 40%).
The volume of eggs produced in Q1 2019 was 384 mln (Q1 2018: 386 mln).
"In the reporting period, the sales volume in the egg segment totalled 335 mln (Q1 2018: 342 mln). The average price of eggs in Q1 2019 decreased by 8 per cent YoY in USD terms to 0.069 USD/egg (Q1 2018: 0.075 USD/egg)," the report states.
In the year 2018, Ovostar Union reduced its net profit by USD 5.4 million (24 pct) to USD 17.5 million (2017: USD 22.9 mln).
