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Floarea Soarelui (Balti) net profit in the first half of 2022 amounted to 641.1 million lei, an 8-fold increase compared to the same period of 2021.

Floarea Soarelui (Balti) net profit in the first half of 2022 amounted to 641.1 million lei, an 8-fold increase compared to the same period of 2021.

According to the financial statement of the enterprise for 6 months of this year, Floarea Soarelui revenues from sales increased 6.8 times - from 693.86 million lei in January-June, 2021 up to 4 billion 745.7 million lei in January-June, 2022. The company processed 195.3 thousand tons of sunflower seeds (5 times more as compared to the same period of 2021), produced 87.1 thousand tons of vegetable oil (up 5.1 times) and 77.6 thousand tons of sunflower meal (up 5.1 times). Refined sunflower oil output was 23.700 tons (up 5.8 times). About 21.1 thousand tons of sunflower oil was bottled in PET bottles (up 4.1 times). Approximately 90% of the sunflower oil produced was exported while the remaining volumes were sold on the domestic market. Production capacity of the company allows processing 370 thousand tons of sunflower seeds per year. For the 2022 season, the task is to process 366 thousand tons of sunflower seeds. The authorized capital of Floarea Soarelui JSC is almost 14.9 million lei. The majority shareholders of Floarea Soarelui JSC are Amableus Limited (49.761%) and Trezeme Limited (34.896%) registered in Cyprus, owned by Vaja Jhashi. // 01.09.2022 - InfoMarket.

News on the subject

Chisinau Tobacco Plant Tutun-CTC will direct all its net profit for 2021 to the Enterprise Development Fund.
Chisinau Tobacco Plant Tutun-CTC will direct all its net profit for 2021 to the Enterprise Development Fund.
Franzeluta Chisinau Bakery will cover losses in the amount of 11.36 million lei incurred in 2021 from mandatory reserves.
Franzeluta Chisinau Bakery will cover losses in the amount of 11.36 million lei incurred in 2021 from mandatory reserves.
Balti enterprise Barza Albă, one of the largest divin (cognac) producers in Moldova, will be excluded from the privatization list.
Balti enterprise Barza Albă, one of the largest divin (cognac) producers in Moldova, will be excluded from the privatization list.
In Moldova, the volume of industrial production in January-May 2022, compared to the same period in 2021, increased by 2.6%.
In Moldova, the volume of industrial production in January-May 2022, compared to the same period in 2021, increased by 2.6%.
In the first half of 2022, Metalferos made a profit of 8.5 million lei, which is 6.3 times less than in the same period in 2021 (53.92 million).
In the first half of 2022, Metalferos made a profit of 8.5 million lei, which is 6.3 times less than in the same period in 2021 (53.92 million).
In Moldova, the volume of industrial production in the first quarter of 2022, compared to the same period in 2021, increased by 3.4%.
In Moldova, the volume of industrial production in the first quarter of 2022, compared to the same period in 2021, increased by 3.4%.