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Ukraine's 2012 Profits Arise from Chickens, Eggs

by 5m Editor
8 March 2013, at 8:23am

UKRAINE - The Ukrainians can't be bothered with whether the chicken or the egg came first. What matters to them is the fact that a profit can be made from the chicken and the egg.

Ukraine's most highly rated egg and poultry producers released impressive results for 2012, KyivPost reports.

The country's largest poultry producer group - MHP - reported a net sale of $1.4 billion during 2012, an increase of 15 per cent year on year.

The company also reported that earnings rose 17 per cent before interest, taxes, depreciation and defrayment.

The company's net incomes also rose 20 per cent with a 33.2 per cent net margin.