Completion of early grain gathering on the Agroliga's fields
09-08-2011
The Board of Directors of Agroliga Group PLC (“Group") informs that early grain gathering on the Agroliga's fields, which area now is 7 thousand hectare, comes to an end.
The winter wheat and barley, by which it has been sowed 1753,0 and 1829,0 hectares accordingly, are already gathered.
An average productivity of wheat this year has made 45 centner per hectare, which provided the gross gathering of 7 889 tons of a crop.
Herewith, the average yield on the Kharkov region and across Ukraine as a whole doesn't exceed 34,3 and 33,1 centner per hectare, accordingly.
Last year productivity at the fields of the Group of Companies made 26 centner per hectare, which approximately corresponded to the average productivity on the Kharkov region and Ukraine as well.
An average productivity of barley this year has made 30 centner per hectare, which provided the gross gathering of 5487 tons of a crop. Productivity of this culture on the Kharkov area makes 21,8 c/hectares in 2011. Last year winter barley on our fields has been harvested at the rate of 24,8 centner per hectare.
In the opinion of the group successful completion of the harvest of grain should have a positive impact in the performance of the company's financial results.
Legal basis: § 3 subparagraph 1 of the Exhibit 3 to the Alternative Trading System Rules “Current and Periodical Information in the Alternative Trading System on the NewConnect Market"
The winter wheat and barley, by which it has been sowed 1753,0 and 1829,0 hectares accordingly, are already gathered.
An average productivity of wheat this year has made 45 centner per hectare, which provided the gross gathering of 7 889 tons of a crop.
Herewith, the average yield on the Kharkov region and across Ukraine as a whole doesn't exceed 34,3 and 33,1 centner per hectare, accordingly.
Last year productivity at the fields of the Group of Companies made 26 centner per hectare, which approximately corresponded to the average productivity on the Kharkov region and Ukraine as well.
An average productivity of barley this year has made 30 centner per hectare, which provided the gross gathering of 5487 tons of a crop. Productivity of this culture on the Kharkov area makes 21,8 c/hectares in 2011. Last year winter barley on our fields has been harvested at the rate of 24,8 centner per hectare.
In the opinion of the group successful completion of the harvest of grain should have a positive impact in the performance of the company's financial results.
Legal basis: § 3 subparagraph 1 of the Exhibit 3 to the Alternative Trading System Rules “Current and Periodical Information in the Alternative Trading System on the NewConnect Market"
