Kernel leads among VAT refund recipients in November

In November 2020, the largest amount of VAT was refunded to the company Kernel-Trade, a Kernel subsidiary, UAH 757.7 mlnthe State Treasury Service of Ukraine reports.

In the reporting period, the VAT refund was received by the following companies:

Previously reported that analysts expect Kernel's EBITDA margin to slide to below USD 100/t at the end of the 2020 season.

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