MLK Foods Public Co Ltd 2010 AR2
The report highlights Milkiland's strong financial performance in 2010, with consolidated revenues increasing by 29% to EUR 258.5 million and net profit reaching a record EUR 22 million. The company successfully completed its initial public offering on the Warsaw Stock Exchange in December 2010, raising net proceeds of EUR 49.3 million to reduce debt and fund expansion. Milkiland optimized its product portfolio by eliminating underperforming items and focused on vertical integration, including plans to establish modern milk farms and agricultural cooperatives. Additionally, the company continued its corporate social responsibility initiatives by supporting rural development and local charities in Ukraine and Russia.
Company: MLK Foods Public Co Ltd
Sector: Manufacturing
Country: Cyprus
Year: 2010
Type: AR2
Pages: 95
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MLK Foods Public Co Ltd
Annual Report
The report highlights Milkiland's strong financial performance in 2010, with consolidated revenues increasing by 29% to EUR 258.5 million and net profit reaching a record EUR 22 million. The company successfully completed its initial public offering on the Warsaw Stock Exchange in December 2010, raising net proceeds of EUR 49.3 million to reduce debt and fund expansion. Milkiland optimized its product portfolio by eliminating underperforming items and focused on vertical integration, including plans to establish modern milk farms and agricultural cooperatives. Additionally, the company continued its corporate social responsibility initiatives by supporting rural development and local charities in Ukraine and Russia.
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Document Details
Report Year
2010
Reporting Period
Jan 1, 2010 - Dec 31, 2010
Fiscal Year
2010
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees