OREANDA-NEWS. December 14, 2012. Gomel Meat & Dairy Group incurred a net loss of Br 69.452 billion in January-September 2012 (USD 8.14 million according to the NBB exchange rate) against a net profit of Br 107.417 billion (USD 27.71 million) in January-September 2011, reads the company’s official statistics.

The return on sales of goods and services fell 59.2% down to Br 100.366 billion (USD 11.77 million).

Sales profitability shrank by 8.9 percentage points down to 1.9% in January-September 2012.

The revenues of Gomel Meat & Dairy Group grew 2.28-fold to reach Br 5.195 trillion (USD 609 million). The group’s output in January September 2012 totalled Br 4.406 trillion (USD 516.53 million). As of October 1, 2012 the stock of ready goods amounted to Br 236.072 billion (USD 27.68 million) which accounts for 50% of the average monthly volume of production.

Fixed capital investments shrank 27.4% on the year down to Br 284.457 billion (USD 33.35 million).

Gomel Meat & Dairy Group consists of a managing company, three meat processing plants, seven dairy companies and two trade companies.