MHP reports $47-mln loss in July-September Journal Staff Report
The agricultural holding Myronivsky Hliboproduct (MHP) saw a net loss of $47 million in July-September 2020 versus a net profit of $104 million for the same period in 2019. According to the quarterly financial statements of the holding, published on the London Stock Exchange on Wednesday, its revenue in the third quarter decreased 2%, to $547 million, and EBITDA fell by 3%, to $106 million. MHP's gross profit grew by 10%, to $103 million, operating profit ñ by 40%, to $56 million.
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