Avangardco Net Income Advances 38% in 2010 as Output Gains

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Avangardco Investments Public Ltd., Ukraine’s largest egg producer, said net profit jumped 38 percent last year as the company increased production.

Net income advanced to $184.758 million in 2010 from $133.669 million the previous year, the Kiev-based company said in a statement today. Eggs output increased 22 percent to 4.4 million units and poultry flock jumped to 24.3 million from 16.1 million, according to the statement.