Astarta Holding — Reports solid 1Q21 operating results, insider trades
WSE-listed Astarta Holding, Ukraine’s largest sugar producer, reported 1Q21 sugar sales of 58 kt, down 25% y-o-y, at an average price of $577/t, up 49% y-o-y and 23% q-o-q. Grain and oilseed crop sales totaled 80 kt (-67% y-o-y), including 73 kt of corn (-69% y-o-y) at $200/t, up 12% y‑o-y and 16% q‑o‑q. The company also reported soybean oil and meal sales of 13 kt and 40 kt, +13% and -15% y-o-y, respectively. The average selling price of soybean oil jumped 51% y-o-y to $1,055/t and that of meal rose 54% y-o-y to $544/t. In the dairy segment, 1Q21 raw milk sales stood at 24 kt, up 2% y-o-y, averaging $421/t in price, up 3% y-o-y.