Ukraine egg producer Avangardco Investments Public Ltd. saw company net profits up 38% in 2010, according to reports.

Avangardco's net income reached $184.758 million in 2010, up from 2009's $133.669 million. Egg output increased 22% to 4.4 million units and poultry flock hit 24.3 million from 16.1 million. The company said it expects further growth in sales in 2011 as it begins exports to Russia.