Quotations Of MHP Shares Drop By 44.2% To USD 3.75 Per Share In 2022

In the period of January 4 - December 30, 2022, the quotations of shares of Kyiv-based MHP, one of the largest poultry meat producers, at the London Stock Exchange decreased by 44.2% or USD 2.97 to USD 3.75 per share.

That follows from the company's data posted on the stock exchange's official website, Ukrainian News Agency reports.

As of January 4, the shares were quoted at USD 6.72 per share, and as of December 30, they were down to USD 3.75 per share.

The highest figure for the year was recorded on January 12-13 - USD 6.84 per share, the lowest - on November 1 - USD 2.81 per share.

During the last week of 2022 (December 26-30), the quotations of shares rose by 2.7%, or USD 0.10, to USD 3.75 per share.

As Ukrainian News Agency earlier reported, in the period of January 4 - December 30, 2021, the quotations of shares of MHP at the London Stock Exchange increased by 14.1% or USD 0.84 to USD 6.78 per share.

On February 2, 2021, Kyiv-based Mironivsky Hliboproduct, one of the largest poultry meat producers, officially changed its legal name to MHP.

The MHP public joint-stock company is a vertically integrated complex of enterprises to produce chicken, hatching eggs, feed, is engaged in crop production, cultivating 360,000 hectares of land, and producing chicken meat under the name Nasha Riaba.

At the end of August 2021, the MHP decided to abandon the use of the Nasha Riaba logo and in early September sold 20 digital copies of the Nasha Riaba logo for UAH 160,000.

However, on September 16, the MHP company announced that it had decided not to abandon the use of the Nasha Riaba logo.

Yurii Kosiuk is the founder of the company.