http://www.phoenix-capital.uaPhoenix Capital NewsCopyright 2010 Phoenix Capitalenelias404@gmail.comelias404@gmail.comUkrainian stocks saw sluggish performance at the Thursday, May 17 session. The Ukrainian Exchange (UX) Index shed 2.4% as the exchange reported $1.7 mln in total equity trading volume. Metals and mining companies indicated losses: ENMZ -7.7%, ALMK -3.5%, AZST -2.1%, AVDK -1.8%. Centerenergo (CEEN -4.7%) and Donbasenergo (DOEN -1.9%) finished lower as well.

]]>Phoenix CapitalMHP S.A. (MHPC LI), one of Ukraine’s leading poultry producers, posted financials for 1Q12 - Interfax reported today. During this period, the company increased net income 2.4x Y-o-Y, to $48 mln. Revenue hiked up 21% Y-o-Y, to $298 mln. The main driver behind the increase in revenue was a substantial growth of chicken prices, while the additional drivers were higher grain prices and volumes sold. EBITDA surged 48% Y-o-Y, to $84 mln, while gross profit grew 41% Y-o-Y, to $79 mln.

]]>Phoenix CapitalUkrainian stocks landed in positive territory at the Wednesday, May 16 session. The Ukrainian Exchange (UX) Index rose by a modest 2.5% as the exchange reported $2.7 mln in total equity trading volume. Metals and mining companies displayed growth: ENMZ +7.7%, AZST +4.9%, ALMK +3.8%, AVDK +2.2%. Donbasenergo (DOEN +4.8%) and Centrenergo (CEEN +4.0%) also advanced on the day. Raiffeisen Bank Aval (BAVL -0.5%) and Ukrsotsbank (USCB -0.1%) finished moderately lower.

]]>Phoenix CapitalUkrainian metallurgical companies have increased total net pretax loss in January-March 2012 3.6x Y-o-Y to UAH 5.3 bln, Interfax reported yesterday (May.16). Companies COGS per UAH 1 of production output has raised from UAH 1.025 in 1Q2011 to UAH 1.124 in 1Q2012 (+9.7%). According to Metallurgprom’s CEO Vasiliy Kharakhulah, sector performance has primarily deteriorated in terms of energy costs and railway tariffs growth.

]]>Phoenix CapitalBohdan Automobile Plant (LUAZ), Ukraine’s leading automobile producer, has presented its Bohdan-А70522 hybrid bus in Moscow on CityBus-expo 2012, Kommersant Ukraine reported yesterday (May.16). The new bus, a mutual project with Ruselprom, is a project that has been underway since March 2011 where Bohdan supplies the bus body and performs the final assembly. The 12-meter long bus is designed for 100 passengers and will make it possible to save 35-40% on fuel costs.

]]>Phoenix CapitalIndustrial Milk Company (IMC), a mid-sized agricultural producer, announced its financial results for 1Q12, Interfax reported yesterday. The company decreased net profit by 8.7% Y-o-Y, to $0.09 mln. Revenue surged 2.3x Y-o-Y, to $18.3 mln, while gross profits beefed up by 67.8%Y-o-Y, to $2.0 mln over the same period.

]]>Phoenix CapitalKernel (KER PW), a Ukrainian sunflower oil producer, released financial results for 3QFY12, Interfax reported yesterday. The company decreased its net profit 2.3x Y-o-Y to $33.8 mln during this period. The company’s revenue increased 16.2% Y-o-Y to $598.93 mln, gross profits slid 23.5% Y-o-Y to $113.7 mln and EBITDA fell 30.6% Y-o-Y to $62.5 mln. Such struggling performance is definitely below management’s expectations.

]]>Phoenix CapitalUkrainian stocks slid at the Tuesday, May 15 session. The Ukrainian Exchange (UX) Index lost 1.3% as the exchange reported $2.18 mln in total equity trading volume. The losses were led by metals and mining companies: AVDK -6.5%, ALMK –3.9%, AZST -2.4%, ENMZ -0.2%. Donbasenergo (DOEN -3.3%) and Centerenergo (CEEN -2.8%) traded in the red as well. Raiffeisen Bank Aval (BAVL -1.4%) and Ukrsotsbank (USCB +1.5%) finished mixed.

]]>Phoenix CapitalKSG Agro (KSG PW), a mid-sized Ukrainian agricultural holding, released financials for 1Q12, Interfax reported yesterday. The company boosted net income by 65.2% Y-o-Y, to $1.79 mln over this period. Revenue surged 6.2 x Y-o-Y to $4.6 mln owing to successful implementation of KSG Agro’s diversification strategy and growth of shares of non-farming segments sales of total revenues. The company increased its gross profit by 68.2% Y-o-Y, to $3.0 mln.

]]>Phoenix CapitalSadovaya Group (SGR PW) reported its financial results for 1Q12, Interfax reported yesterday. During this period, the company decreased net income 4.5 times Y-o-Y, to $0,75 mln. Sadovaya reported revenue of $14.6 mln, which is 28,6% lower comparing to 1Q 2011 driven mainly by drop in sales volumes. Gross profit decreased 2.2x Y-o-Y, to $2.13 mln, while EBITDA totaled $1.1 mln in 1Q12.

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