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«AgroInvest» — News — Mriya announced Q3 2012 financial results

Mriya announced Q3 2012 financial results

2012-11-28 17:58:42

According to the official report released by the company, Mriya received total profit of USD 250.1 M for 9 months of 2012 which is a 124% increase compared to USD 111.9 M for 9 months of 2011. Total revenues for the company reached USD 410.5 M (including change in value of biological assets, according to the comment of the company), versus USD 251.4 M for 9 months of 2011. EBITDA grew by USD 194.7 M compared to USD 146.7 M for 9 months of 2011. Company also reported successful results in terms of operational profits.

AgroInvest comment: Company enjoyed growth in winter harvest as well as growth of prices for agricultural commodities, driving revenues up. Company continues its growth and rapid expansion.

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