A.G.R. Group received positive conclusion on consolidated financial statement for Y2019
Financial performance of Misak Khidiryan's A.G.R. Group agricultural holding for the year 2019 was validated by an audit conducted by a global network of professional firms providing Audit, Tax and Advisory services KPMG (Cyprus).
It is noted that an unconditional positive audit opinion was given on the results of the audit.
"We have been cooperating with the independent international audit company KPMG for the third consecutive year. Now we have three positive independent reports on the results of the audit of the consolidated financial statements for 2017, 2018 and 2019. Conducting audits of consolidated statements opens up great opportunities for attracting financing on attractive terms from banks, international financial institutions and private investors, which will allow the holding company to accelerate the development of its core businesses," said the Chairman of A.G.R. Group Igor Shestopalov.
Previously reported that the holding's plans for the coming season 2021 include both land bank expansion and own infrastructure development.