Milkiland Group has published the Interim Financial Statement with the results in H1 2018.
Milkiland Ukraine with the support of Milkiland Intermarket, both the subsidiaries of
Milkiland Group, has concluded the first contract and started supplies of butter
produced by the Group’s Ukrainian facilities to the consumer in PRC.
In first quarter of the year 2018, Milkiland Group delivered the positive financial result of the business, both at EBITDA and Net profit levels.
After 2017, Milkiland’s management are now more confident to state that the Group is successfully withstanding challenges put to its business back in 2014, when Ukraine-Russia conflict instantly deprived us the key export market of Russia and depressed our financials, thus generating the significant losses.
Milkiland Group warmly wishes Merry Christmas and Happy New 2018 Year to our shareholders, customers, partners and friends.