KYIV - Kyiv-based CJSC Cargill, a Ukrainian-based subsidiary of Cargill, saw a 44.2% cut in its net profit in 2010 compared to 2009, to UAH 316.93 million, the company said in an announcement of its stockholders' annual meeting scheduled for April 27, 2011.

According to the announcement, the company's assets grew by 1.7 times last year, to UAH 4.17 billion. Stocks grew by 2.1 times, to UAH 2.43 billion, while accounts receivable rose by 1.5 times, to UAH 1.52 billion.

The company's retained earnings in 2010 also grew by 1.5 times, to UAH 940.32 million, while its current liabilities expanded by 1.8 times, to UAH 2.76 billion. The company's personnel remained unchanged at 147 people.

Cargill is one of the world's largest grain traders. Until last year, the company was among the leading exporters of Ukrainian-produced grain. Since summer 2010 Ukraine has limited the export of grain from the country. Large international grain traders, including Cargill, were not assigned grain export quotas.