News
Rising Egg Prices Improve Producer Revenues
04 September 2012UKRAINE - The rising cost of eggs and egg products is having a significant impact on revenue for Ovostar Union, Ukraine's second largest egg producer.
Revenue increased by 26 per cent to $27.79 million. Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased by 43 per cent to $13.15 million.
Ovostar Union's net profit rose by 42 per cent, to $12.2 million.
The rise in egg prices is caused by a drastic increase in the cost of feed, as many areas of the world struggle with drought.
As of 30 June, 2012 the total flock reached 3.5 million birds compared to 2.5 million birds a year ago.
Share This
Related News
Poultry Feed Seen Flat in Near-term
23 May 2013IEC Cape Town 2013 Conference Hotel
23 May 2013Haiti a Lucrative Market for Jamaica Broilers
22 May 2013More News
USDA Keeps COOL; Complies with WTO Ruling
24 May 2013Canada Set to Retaliate over US COOL Stance
24 May 2013
No H7N9 Virus Found in Poultry Farms in China
24 May 2013
© 2000 - 2012. 5m Publishing, Benchmark House, 8 Smithy Wood Drive, Sheffield, S35 1QN, England.