13% of Belarusian Enterprises are Unprofitable

16.11.2010 14:51
Архив Редакция

Net loss for January-September 2010 was indicated in 263 industrial enterprises in Belarus, or 13.2% of the total number of current enterprises. This was reported by the National Statistics Committee. Their losses amounted to Br495.9 billion ($165.3 million), which is, however, 33.7% less than during the same period in 2009.

The greatest losses were incurred by the power companies (Br119.6 billion — $39.9 million), machinery and metal processing companies (Br108.6 billion — $36.2 million), the food industry (Br57.1 billion — $19 million), construction materials industry (Br54.2 billion — $18 million) and light industry (Br47.8 billion — $15.9 million), AFN.

Production profitability of industrial enterprises was 10% in January-September 2010 (January-September 2009 — 10.1%), return on sales — 7.6% (January-September 2009 — 7.5%).

The highest profitability was shown by the medical industry (28.9%), mining engineering (27.7%), chemical industry (22.3%), lifting transport machinery (20.6%), leather, fur, footwear industry and non-ferrous metals (by 20.1%), instrument (17.5%), tractor and agricultural machinery (15.1%), food industry (14.9%) and the printing industry (13.9%).

The smallest margin was fixed in power industry (0.5%), the bearing industry (1.6%), forestry (2.2%), petrochemicals (2.5%), glass and porcelain, pulp and paper industry (3.2%), the railway engineering industry (4.1%), the peat industry (4.9%), building materials (5%), flour-cereals and feed industry (5.5%).

The microbiological industry has also proved to be unprofitable (minus 18.7%).

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