Profits of Ukrainian agricultural companies increased by 21%

The financial performance of Ukraine’s agricultural sector (NACE 01) showed significant nominal growth in 2025.

Experts note that an analysis of macroeconomic statistics indicates a deep structural gap between the nominal financial results of enterprises and the dynamics of real value added generated in the sector.

In particular, the pre-tax financial result of a sample of more than 35,000 agricultural companies reached UAH 223 billion, increasing by UAH 38.5 billion (+21% year-on-year).

“The profit dynamics among industry leaders is particularly noteworthy — the ten largest companies within the MHP, Kernel, and Goodvalley groups increased their pre-tax profits by 40%, reaching UAH 16 billion. Such a discrepancy in growth rates may indicate the greater adaptability of companies within large holding structures to logistical constraints, as well as their ability to manage operating costs more efficiently due to economies of scale,” analysts explain.

At the same time, a historic high in direct tax payments (minimum tax liability, corporate income tax, single tax, and land tax) was recorded. Agricultural producers transferred UAH 13.3 billion to budgets, which is 34.6% higher than the previous year. Thus, the direct tax burden in the agricultural sector amounts to about 6%.

“In 2025, the nominal gross value added (GVA) of the agricultural sector increased by 21% in current prices compared to the previous year, correlating with the dynamics of the overall pre-tax financial result. However, in constant 2021 prices, the sector’s GVA shows a decline of 6.2% year-on-year. This discrepancy between nominal and real indicators suggests that the positive financial dynamics in 2025 were entirely driven by the price factor,” the experts concluded.

IC UAC according to ukragroconsult