Origin Enterprises closes loss-making Ukraine business as full-year profits fall sharply

📆 26/09/2023 07:07:00
📰 businessposthq

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The Dublin-listed agri-services group reported a double-digit fall in profits for its 2023 financial year to the end of July

Origin Enterprises, the Dublin-listed agri-services group, has announced it will shutter its operations in Ukraine as it continues to be loss making due to reduced activity in the war-torn country.

The company made the announcement as it reported a double-digit fall in profits for its 2023 financial year after grain and fertiliser prices fell over the last year.

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Origin Enterprises to close its Ukraine businessInternational agri-services group Origin Enterprises has reported higher revenues for the year to the end of July as it announced the 'difficult' decision to close its Ukraine business at the end of this month.
Fonte: RTEbusiness - 🏆 16. / 61 Consulte Mais informação »