According to preliminary unaudited data, Industrial Milk Company agricultural holding (IMC) increased its consolidated revenue by 1% to $ 140 million, reported NV.
Following the results of 2015 the total debt was reduced by 22% - to $ 97.8 million.
The sales in crop production segment increased by 4% - to $ 134.7 million, while sales in livestock farming fell by 39% - to $ 4.8 million.
Also IMC plans to expand its land bank to 206.7 thousand hectares in 2019. The company has sufficient capacity to store crops, but some facilities are under reconstruction.
IMC agro holding specializes in cereals, oilseeds and potatoes cultivation, but also is one of the ten largest milk producers in Ukraine.