Ukraine: MHP sees fall in net profit in Q2 2016

Myronivsky Hliboproduct (MHP) saw a 29% fall in net profit in April-June YoY, to $165 million. According to a report of the holding posted on the London Stock Exchange (LSE) on Wednesday, its revenue in Q2 2016 fell by 7%, to $286 million, gross profit grew by 4%, to $142 million, operating profit decreased by 3%, to $123 million, and earnings before interest, tax, depreciation and amortization (EBITDA) – by 1%, to $146 million

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