The net loss of ROS AGRO PLC for the second quarter of 2022 amounted to 1.77 billion rubles against a profit of 11.07 billion rubles a year earlier. Revenue increased by 21% to RUB 65.7 billion from RUB 54.44 billion, adjusted EBITDA increased by 25% to RUB 13.6 billion from RUB 10.9 billion. This is stated in the company's message.
Rusagro Group of Companies is one of the largest vertically integrated agricultural holdings in Russia. The Group is involved in sugar production, fat and oil business, pig breeding and crop production.
The net profit of ROS AGRO PLC for the first quarter of 2022 decreased by 66% to 2.24 billion rubles ($26 million) compared to a year earlier. Revenue increased by 23% to 61.5 billion rubles ($715 million), adjusted EBITDA increased by 51% to 16.89 billion rubles ($196 million).
