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Poultry producer posts fivefold rise in first quarter net profit
Journal Staff Report

KIEV, June 20 - Ukraine's biggest poultry producer, Mironovskiy HleboProduct, or MHP, posted a fivefold rise in first-quarter net profit and said on Friday revenue soared thanks to production growth and higher selling prices, Reuters reported.

MHP, which raised $371 million in a London flotation in May, said in a statement net profit rose by 430% to $24 million compared with $5 million in the same period of 2007.




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