SFGCU rated in the top 100 largest Ukrainian state-owned companies

The State Food and Grain Corporation of Ukraine (SFGCU) is rated among the largest state-owned companies in terms of assets value in 2018, AgroPolit.com reports.

The Corporation headed by Iryna Marchenko holds the 100th position by profitability in the overall rating of state companies analyzed and presented in the report of the Ministry of Economy and Trade (currently the Ministry for Development of Economy, Trade and Agriculture).

Key SFGCU financial indicators are as followed:

• personnel — 4792;
• assets value — UAH 31.7 bln;
• EBITDA — UAH 267.4 bln;
• volume of capital investment — UAH 101 mln;
• current assets — UAH 28 bln;
• fixed assets — UAH 3.2 bln;
• equity capital — UAH (7.2) bln;
• accounts payable (short- and long-term) — UAH 38.9 bln;
• net income from sales (goods and services) — UAH 10.6 bln;
• cost of sales — UAH 9.9 bln;
• net financial result — UAH 1.4 bln of loss;
• gross income — UAH 698 mln.

SFGCU increased its net income from product sales by 1.6x in 9M 2019 up to UAH 11.64 bln (9M 2018: UAH 7.33 bln).

The new edition of the infographic guide Ukrainian Agribusiness 2018/19 is available for download.