MHP SE Triumphs in 2023 Despite War Challenges

MHP SE Sponsored GDR RegS (GB:MHPC) has released an update.

MHP SE, an international agro-industrial group, has reported strong operational and financial results for the year 2023, overcoming challenges posed by the ongoing war in Ukraine. The company has showcased resilience by maintaining close to full capacity operations and diversifying their export strategy, which has led to increased export sales in over 70 countries despite logistical disruptions. Financially, MHP SE saw a 14% year-on-year revenue increase with a net profit of US$ 142 million, recovering from a net loss in the previous year.

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