Grodno Meat Factory's Net Profit Rises 3.5 Times in H1
OREANDA-NEWS. OAO Grodno Meat Factory reported a net profit of Br23.713 billion (USD 2.23 million) in H1 2014, up 3.5 times year on year, according to a report of the Finance Ministry's Department for bonds and securities.
The meat factory's revenues reached 847.588 billion rubles (USD 79.735 million), up 11%.
The factory's statutory capital is owned by 2,653 shareholders, including 4 entities. The statutory capital is made up of 283,805 shares with a face value of Br208,000 (USD 19.57).
Established in 1939, OAO Grodno Meat Factory produces meat and by-products, sausages, prefabricated meat. Russia is a major destination of meat exports by OAO Grodno Meat Factory.
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