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Ukraine. Kernel reported its operational results for the first half of this financial year

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Author:

Consulting Agency

UkrAgroConsult

In the second quarter of FY 2020 (started in July 2019), Kernel Company reduced sunflower oil sales by 9%, to 346 KMT, including 10% (34.3 KMT) of bottled oil (its sales increased by 14%), reports UkrAgroConsult.

Production facilities of the oil extraction plants were fully utilized. Sunflower seed crush in October-December reached a record 943 KMT against 940.6 KMT a year earlier. 

Overall, sunflower oil sales in H1 2020 fell by 17% (to 647.3 KMT), with a 16% gain in crush (to 1.57 MMT).

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UkrAgroConsult

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