Ukraine dairy Ukrproduct has booked a sharp fall in first-half earnings on the back of higher financing costs.

The company said profit after tax was down 73% in the six months to the end of June, declining to GBP173,000 (US$280,969). Finance expenses doubled to GBP541,000. EBITDA was down 11% to GBP1.2m.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Sales during the period were hit by the “challenging” economic environment, dropping 3% to GBP24.6m.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now