Industrial Milk Company S.A. reported earnings results for the first half of 2017. For the period, the company's revenue increased by 15% compared to the same period of 2016 to $62.6 million, mainly due to increased volumes of sales of grain and oilseeds. EBITDA amounted to $40.1 million decrease 19% year no year. Net income was $30.3 million decrease 7% year no year. The decrease in profits is associated with an increase in the cost of production and the strengthening of the Ukrainian national currency in 2017. Net cash flows from operating activities increased by 48% to $20.2 million compared to the same period of 2016, mainly due to sales growth. Total debt was $77.1 million as of 30 June 2017.