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«AgroInvest» — News — 

Ovostar Union increased egg production by 11% after 9 months of 2011

2011-10-27 16:20:07

Ovostar Union increased egg production by 11% during 9 months of 2011 compared to the same period of 2010, up to 443 million pieces. Egg sales grew by 19% compared to 2010 period respectively. Average selling price grew by 14% and was equal to 0.578 UAH compared to 0.506 UAH in 2010. Company has sold total of 1.05 K tons of dry and 2.79 K tons of liquid egg product. Average price for dry product increased by 7% and was equal to 38.8 UAH per kg and by 15% to 12.39 UAH per kg for liquid products respectively.

Exports of the company increased to 65% up to 71 million eggs compared to 2010. During 2010 company received 37 million USD worth of revenues and 9 million USD as a net income. EBITDA amounted to 11.6 million USD. Ovostar Union is also planning to start new poultry farm by the end of October with the total capacity of the farm measured at 281 K units.

 

 

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