UAIndex. Changes of Ukrainian agro holdings quotations on World Stock Exchanges, May 12, 2011
2011-05-13 16:20:30
On Thursday, May 12 the UAIndex declined under pressure of decreasing stock value of the majority of Ukrainian agri holdings. Landkom showed the worst performance. Its stock value declined by 4.44%.
On the other hand subtotal capitalization of Agroton and MHP grew. Ukrainian agricultural firm MHP said on Thursday its net income fell by 46 % year-on-year in the first quarter to USD 19 million on foreign exchange losses. Revenue was up 23 % year on year at USD 247 million. The fall in net income was due to the "net effect of non-cash foreign exchange losses/gains of USD 18 million," it said.
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