KSG Agro reported financial results for Q1 2019

The KSG Agro agroholding reported a USD 3,46 million net profit for Q1 2019, 57 per cent more from the prior year's comparative indicator — USD 2,2 million.

The company received a gross loss of USD 128 thousand and an operating loss of USD 48 thousand.

By the report, the holding's revenue dropped 13 per cent to USD 3,4 million.

As previously reported, KSG Agro had sold its asset in Dnipropetrovsk region, Goncharovo Agricultural LLC, to the companies Dnipro Agro Alliance and Buk Invest.