Ranking of Dairy Corporations in Belarus: Profit Margins and Growth Trends

Ranking of Dairy Corporations in Belarus: Profit Margins and Growth Trends

Freakin' Sweet Revenue Boost for Belarus Dairy Giants!

Whoa, buckle up, because Belarusian dairy industries are kickin' some major ass in 2024! The ones that weretoasting marshmallows over losses in 2023, have now flipped the script and are poundsFULL of profits! And guess who's on top? You guessed it, OAO "Savushkin Product" - seein' a whopping 3905.3 million in revenue, an 18.3% jump from the year before, and raking in 311.2 million in net profit - ain't that a treat?

Seccond place goes to OAO "Slutsky Dairy Combine," upping their game with 2026.2 million in revenue (30.1% increase) and a net profit of 173.5 million (which was previously in the red by 25.3 million). And let's not forget OAO "Molochny Mir," takin' third with 1139.4 million in revenue and a net profit of 125 million (up by 20.9% and 81.7%, respectively).

But don't sleep on the other players. Those who still haven't hit the 1-billion-ruble revenue mark are still in the spotlight, with impressive growth rates:

• The Lidsky Milk Combine - 978.4 million (+32.9%) and net profit of 51.9 million (compared to a 43.8 million loss the previous year)
• The Minsk Milk Plant No. 1 - 971 million (+34%) and a net profit growth of 7.4 times - from 0.53 million to 3.9 million rubles.
• Babushkinskaya Krynka - 952.8 million (+23%) and switchin' from a 20 million loss to a 35.4 million ruble net profit.
• The Rogachevsky Milk Combine and BELAKTA see their revenue up 14.5% and 19.6%, respectively, and their net profit growin' by 7 and 2.2 times, respectively (to 31.9 million and 31.9 million rubles).

And the Turovsky Milk Combine claims the crown for the highest growth rate in our top ten, with a 34.8% increase in revenue to 537.8 million rubles, and a net profit of 12.5 million rubles (comparatively, they were in the hole for 40.4 million the previous year).

Bringin' up the rear but still worth a mention, Kobrinskiy MZS holds 10th place with revenue of 422.3 million rubles and 20.1 million in net profit (up 13.1%, 3.3 times the previous amount).

By the way, the agricultural sector in Belarus is hoppin' too! Got 3,822 farms, with 3,364 in agro activities, and a gross added value of $5.2 billion, or roughly 7.2% of their national GDP. And if you wanna dip your toes in their business world, check out their products includin' consumer, auto, business, mortgage loans, deposits, and credit cards, or try out their new car leasing services for both new and used vehicles, and even business car leasing options.

FYI, all this information is based on publicly available financial reports and aggregated data, since elaborate financial performance data for specific Belarusian dairy processing enterprises in 2024 was hard to come by when we were diggin' through the data.

The financial success of Belarusian dairy industries in 2024 is not limited to the top players, as secondary players like The Lidsky Milk Combine, Minsk Milk Plant No. 1, Babushkinskaya Krynka, The Rogachevsky Milk Combine, BELAKTA, and the Turovsky Milk Combine, all show impressive growth in both revenue and net profit.

Investors looking to venture into Belarus's growing business sector might find opportunities in finance, such as consumer loans, auto loans, business loans, mortgage loans, deposits, credit cards, car leasing services for both new and used vehicles, and even business car leasing options.

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