By KYIV. Nov 14 (Interfax-Ukraine) – In January-September 2022, IMC Agricultural Holding received $12.31 million in net profit, which is 85.3% less than in the same period last year, according to the company’s report on the Warsaw Stock Exchange (WSE).
According to him, the net foreign exchange loss of the agrarian group in January-September 2022 amounted to $11.07 million, while in January-September last year it was $3.12 million.
At the same time, the company’s EBITDA fell by 58% to $44.52 million, while revenue dropped by 44% to $61.83 million. IMC’s gross profit plunged by 57% to $44.79 million, while operating profit decreased 67% to $29.18 million.
According to the report, the total volume of IMC assets as of September 30, 2022 fell by 21% compared to the same date in 2021, to $344.9 million, short-term debt obligations did not change and amounted to $55.5 million, while long-term debt dropped by 27%, to $126.7 million.
