JSC ROSSPIRTPROM announces 2018 figures
JSC Rosspirtprom announces its production and financial figures for 2018.
At the end of 2018, JSC 'Rosspirtprom' comfortably occupied the position as a market leader in the ethyl alcohol sector, with the total volume of products shipped in the reporting period amounting to 25.3 million decalitres. JSC Rosspirtprom's market share of ethyl alcohol supplies for distilleries (without taking into account intercompany sales) amounted to 86.5% over the past year.
Audited financial statements prepared in accordance with IFRS showed that the corporate group 'Rosspirtprom' made a net profit of 1.08 billion rubles in 2018. Revenue during this period amounted to 11.4 billion rubles.
The production of ethyl alcohol was undertaken by companies at all the production plants situated in five regions across the Russian Federation: 'Absolut' Ltd., 'Zernoprodukt' Ltd., 'Etalon' Ltd. (Tula Oblast), 'KurskProdukt' Ltd. (Kursk Oblast), JSC 'Yerofeyev' (Novosibirsk Oblast), 'DDD' Ltd., 'Prestige' Ltd., 'Beslan' (A separate business unit in the Republic of North Ossetia–Alania) and 'Premium' Ltd. (Kabardino-Balkarian Republic).
In 2018, as part of its state contract, JSC Rosspirtprom continued to export, store and destroy ethyl alcohol, alcohol products, core technical equipment and vehicles taken out of illegal circulation. Over the past year, 26.4 million kilograms of seized goods have been exported and 21.5 million kilograms have been destroyed following court decisions. Furthermore, in this period, equipment was dismantled and removed from 166 commercial and primitive production facilites.