Viorica Cosmetic ended 2023 with a profit of 124.8 thousand lei against losses of 18.01 million lei in the previous year.
The company's annual financial statement says that in 2023, Viorica Cosmetic increased its sales revenues from 96.9 million to 135.5 million lei (+40%), while the cost of sales rose from 44.6 million to 57.7 million lei (+29.4%). Also, distribution expenses increased by 13% year-on-year, up to 63.3 million lei, while administrative expenses increased by 3.5%, up to 11.9 million lei. The company's long-term assets decreased during the year from 70.3 million to 69.6 million lei (-1%), while the current assets, on the contrary, increased from 108.9 million to 136.2 million lei (+25.1%). The authorized capital of Viorica Cosmetic JSC at the end of 2023 amounted to 118.5 million lei, unchanged as compared to 2022. 16 persons are shareholders of the company. Viorica Cosmetic is the largest producer of perfumes and cosmetics in Moldova. The perfume and cosmetic company Viorica was established in 1980 on the model of the French factory Christian Dior, and since 1989 it launched new production. In 2012, it was privatized by the DAAC Hermes Group holding company. The new investor updated the company's product lines, purchased new German and Spanish-made equipment, expanded the R&D department and re-equipped the factory's laboratories. In 2016, the company started to develop its own eco-plantation VioPark, where dozens of plant species are grown according to the principles of organic farming, which are subsequently used as raw materials for the production of Viorica cosmetics. Today Viorica Cosmetic produces pure cosmetics based on plant raw materials, completely abandoning the use of harmful components. The company produces more than 200 products: perfumes, toilet water, colognes, creams, shampoos, liquid soaps, hair care products, etc. // 31.05.2024 - InfoMarket.
