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The net profit of JSC Franzeluta in 2018 amounted to 9.38 million lei, decreasing by 33.4% compared with 2016 (14.1 million lei).

The net profit of JSC Franzeluta in 2018 amounted to 9.38 million lei, decreasing by 33.4% compared with 2016 (14.1 million lei).

According to the annual financial statements, the company's sales decreased last year by 4.4% - from 632.32 million to 604.1 million lei, and cost of sales - by 5.4% from 515.29 million to 487.18 million lei. The company's commercial expenses increased from 66.4 million to 69.68 million lei (+ 4.9%), while administrative expenses decreased from 46.4 million to 44.68 million lei (-3.7%) . The total assets of Franzeluta SA declined by 2.6% last year - from 374.5 million to 364.7 million lei. Long-term assets decreased from 249.9 million to 237.4 million lei, and current assets, by contrast, increased from 124.56 million to 127.25 million lei. The authorized capital of JSC Franzeluta at the end of 2018 was 37.45 million lei. The controlling stake in the company is owned by the state (55.2% of the shares), and the total number of shareholders is 1,436. Franzeluta is the largest bread and bakery manufacturer in Moldova. // 18.04.2019 - InfoMarket.

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