Net profit increased by 43% for Industrial Milk Company in the H1 2012
2012-09-03 10:16:04
According to the financial report posted by the company IMC reached the level of USD 24.18 M, indicating an increase of 43% compared to the same period of 2011. Company’s revenues grew by 2.9 times, estimated at USD 32.143 M. Back in 2011 net profit grew by 50% to USD 30.34 M. Operational profit grew by 43% to USD 25.406 M
AgroInvest comment: positive financial results were needed for the company as it continues to attract additional external funds for expansion of its activities as well as rapid growth.
For more detail please refer to the UAIndex Daily (August 31 issue).
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