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Kernel reports a decrease in Q2 profits due to lower sales volume and logistics costs
13:11
Kernel Holding, a Ukrainian food producer, reported a net profit attributable to the parent company's shareholders of PLN 206.58m ($50m) for Q2 FY2023 ending 31 December 2022, down from PLN 213.01m ($52m) a year earlier. Consolidated revenues were PLN 1.24bn ($299m) in Q2 FY2023, down 34% y/y.
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