ASTARTA Holding N.V. Reports Earnings Results for the Half Year Ended June 30, 2021
August 11, 2021 at 12:15 pm EDT
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ASTARTA Holding N.V. Announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was UAH 5,057.550 million compared to UAH 4,894.068 million a year ago. Operating income was UAH 3,360.145 million compared to UAH 1,037.608 million a year ago. Net income was UAH 2,976.187 million compared to UAH 244.148 million a year ago. Basic earnings per share from continuing operations was UAH 122.44 compared to UAH 10.04 a year ago.
Astarta Holding PLC is a Cyprus-based agriculture company, that specializes in sugar production, grain and oilseeds growing, soybean processing and cattle farming. The farmlands, sugar plants and cattle operations are mainly located in Ukraine. The Company's activities are divided into four main segments: Sugar Production, Agriculture, Soybean Processing, and Cattle Farming. Its Sugar Production segment is engaged in the production and wholesale of white and raw sugar and its by-products. The Agriculture segment is responsible for the cultivation and sale of crops, such as corn, wheat, sunseeds, rapeseeds, and others. The Soybean Processing segment is engaged in soybean and soybean meal and oil production and sale. The Cattle Farming Segment is engaged in dairy cattle raising and milk production and sale. Other Group operations mainly comprise the production and sales of fodder and gas.