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COKE KILLS THE POSITIVE. FOOD GROWERS CAN'T CATCH UP THE RATE




Financial results of agricultural organizations in Russia. In January-April 2021, the balanced financial result (profit minus loss) of food industry organizations in current prices amounted to 122.6 billion rubles. Compared to the same period in 2020, profit increased by 14.6%.


In general, in January-April the food industry made a profit of 138.7 billion rubles, while losses amounted to 16.1 billion rubles.


In April this year. the amount of profit was increased by 42.1 billion rubles, and losses by 1.2 billion rubles.


For the period in the general section of the net profit in the country among organizations (amounted to 7277.4 billion rubles), food enterprises occupied a share of 1.69%. Profit growth rate: 114.6% versus 330% in the market as a whole.


As well as agricultural organizations, the whole picture of the rate of profitability for food producers has been spoiled by other processing industries. So, coke producers in a couple of January-April 2021/2020. raised profits 68 times more, furniture makers - 40 times, manufacturers of non-metallic mineral products - 11 times. @agrorisk


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