Concern Khlibprom Ended 2007 with Net Revenue UAH 383,8 mln
OREANDA-NEWS. On 04 April 2008 was announced, that OJSC “Concern Khlibprom”ended the year 2007 with net revenue 383,8 mln. UAH. (by 27% more then in the last year. According to the result of the year the Company received losses of 2 mln. UAH which was a result of administrative regulation of prices on bread in regions.
As of the year 2007 production of bakery and confectionary products increased by 5% (up to 111,1ths. tons) and by 22% up to 248,7 mln. UAH ( without VAT) in money terms.
During the last year the Company's assets increased by 35% up to 420,6 mln. UAH owing to mill construction in Rzovkva (Lvivi region), modernization of bakeries and shops and acquiring of additional objects. During the reported period OJSC “Concern Khlibprom” acquired 24% of OJSC “Lvivskyy Khlibokombinat” and OJSC “ Lviv bakery #1”. A stake of Equity in financing of assets as of 31.12.2007 was 42%, a coefficient of current liquidity of the Company was 2,2.
As of the end of 2007 market share of OJSC “Concern Khlibprom” on the bread and bakery market is astimated as 7,4%
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