Kernel leads among VAT refund recipients in November
2 December 2020, 16:54
In November 2020, the largest amount of VAT was refunded to the company Kernel-Trade, a Kernel subsidiary, UAH 757.7 mln, the State Treasury Service of Ukraine reports.
In the reporting period, the VAT refund was received by the following companies:
- Kernel-Trade (Kernel): UAH 952.07 mln
- Cargill: UAH 425.47 mln
- ADM Trading Ukraine: UAH 421.5 mln
- NIBULON: UAH 390.48 mln
- Glencore Agriculture Ukraine: UAH 227.46 mln
- Oliyar: UAH 200.05 mln
- SFGCU: UAH 191.22 mln
- Louis Dreyfus Company Ukraine: UAH 169.1 mln
- Suntrade (Bunge Ukraine): UAH 142.5 mln
- Mondelēz Ukraine: UAH 128.39 mln
- Grain Power: UAH 119.79 mln
- Delta Wilmar Ukraine: UAH 106.44 mln
- Katerynopilsky elevator (MHP): UAH 97.55 mln
- Allseeds Black Sea (Allseeds): UAH 95.7 mln
- Organic Systems: UAH 94.8 mln
- Pology Oil Extraction Plant: UAH 94.57 mln
- Agro LV Limited: UAH 89.18 mln
- Soufflet Agro Ukraine: UAH 83.05 mln
- Ambar Export BKW: UAH 81.85 mln
- OptimusAgro Trade: UAH 71.46 mln
Previously reported that analysts expect Kernel's EBITDA margin to slide to below USD 100/t at the end of the 2020 season.