Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Tuesday, December 15 2020 - 01:25
AsiaNet
SAC Capital releases non-rated report on Don Agro International
SINGAPORE, Dec. 14, 2020 /PRNewswire-AsiaNet/ --

On 7 December 2020, SAC Capital Private Limited released a non-rated report on 
Don Agro International Limited ("Don Agro"), and its subsidiaries 
(collectively, the "Group"), one of the largest agricultural companies based in 
the Rostov region of Russia. Read the full report at 
http://donagroint.com/analyst-reports/

Investment Highlights:

-A leading agricultural business in Russia. Operating a land bank of 63,240 
hectares (of which approximately 51,207 hectares are arable land) and being 
strategically located in one of the most fertile regions of Russia in close 
proximity to major international ports, the Group is able to produce quality 
and better yielding crops and milk, while benefitting from lower transportation 
costs. 
-Rising importance of the agricultural sector in Russia. The Russian Ministry 
of Agriculture announced that approximately 281 billion rubles (or US$4.3 
billion) will be invested into various infrastructure projects to improve 
logistics in the Russian grain and feed industries. The anticipated grain 
production increase is expected to drive the value of Russia's agricultural 
exports to US$45 billion in 2030. 
-Strong and growing demand for the Group's products. According to a 2019 USDA 
report, demand for wheat is experiencing major growth. In particular, Southeast 
Asia has become the world's top wheat importing region as a result of a shift 
in consumption habits. The lack of domestic production (less than 1% of demand 
requirements) and growth in consumption has led directly to higher import 
demand. Domestically, demand for the Group's products remains high owing to the 
import ban on EU food and agriculture produce and cheaper local goods relative 
to imported goods, as a result of the depreciation of the Russian Ruble.

About Don Agro International Limited

Don Agro, together with its subsidiaries, is one of the largest agricultural 
companies in the Rostov region in Russia principally engaged in the cultivation 
of agricultural crops and production of raw milk. The Group has a total 
controlled land bank of 63,240 hectares, of which 51,207 hectares are arable 
land. The Group owns approximately 17,600 hectares of its controlled land bank. 
In addition, the Group is one of the top farms in terms of milk production in 
the Rostov region, and owns more than 4,000 heads of dairy cattle which 
includes approximately 2,000 milking cows. For more information, please visit: 
http://donagroint.com/

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SOURCE:  Don Agro International Limited
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