OREANDA-NEWS. Belarus’ OJSC Belsolod malt producer reported a net income of Br52.66 billion (USD 6.07 million) in 2012, 48.8% down from the 2011 level, according to the accounting balance sheet published by the producer.

Belsolod’s revenues grew 80% on the year to reach Br487.204 billion (USD 56.129 million), gross revenues – up 48% to Br164.681 billion (USD 18.97 million).

The company approved dividend payout for 2012 at Br1.869 billion (USD 215,320), or Br8.3 per share including tax.

Non-current assets of the company grew from Br534.744 billion (USD 61.6 million) in early 2012 to Br577.85 billion (USD 66.6 million) in late 2012.

Current assets stood at 356.568 billion rubles (USD 41.1 million) in late 2012 up from 133.222 billion rubles (USD 15.3 million).

Belsolod was established in 1989 and transformed into a joint stock company in 1996.