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Mriya Agro Holding announces financial results for 1H 2012 and updates on operations

September 24, 2012

Mriya Agro Holding (MAYA GR) supporting the practices of regular reporting and transparency announced its audited financial and operational results for the 1H 2012 ended June 30, 2012.

Key operational results:
During the reporting period, Mriya focused on expanding of storage facilities and purchasing new machinery. Optimal weather conditions enabled our agronomists to take care of all our crops, applying necessary fertilizers and crop protection products. Later on we started preparations to the harvesting campaign, which started earlier because of the weather and crop conditions. By the end of the reporting period, Company managed to collect first harvest of rapeseed from 12 thd hectares.

Mykola Guta, Chief Executive Officer, commented on the results: “Optimal weather conditions allowed carrying all necessary operations in time and currently we are continuing operational activities in line with our plans. Besides, first half of the year was a very good time for the producers of commodities. Tremendous growth in commodity prices this season will support our financial strength and future growth.”

  • Status
    redeemed
  • Country of risk
    Ukraine
  • Redemption (put/call option)
    *** (***)
  • Amount
    250,000,000 USD
  • М/S&P/F
    — / — / —