KSG Agro increased its income by 27% for the first 9 months of 2011
2011-11-15 17:02:32
Net Assets of the company increased by USD 49 975 K over the same period last year, or by 4.5 times. Profit of the holding increased twice by USD
9 235 K compared to last year and is measured at USD 18 302 K. The company increased its land bank from 26.5 thousand hectares to 52.9
thousand hectares by acquiring eleven new companies, planning to control over 70 000 hectares until the end of the year. Sales increased by 27%
to $11 923 thousand. Company’s profit will reach USD 26-28 M in 2011 according to the estimates.
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