Food Industry News

In the first quarter of the year 2016 Sormovskaya confectionery showed a loss 25,5 mln. Rubles

CJSC Sormovskaya Confectionery Factory (Nizhny Novgorod) ended the 1st quarter of the 2016 year with a loss of 25,5 million rubles.

As stated in the quarterly reporting of the enterprise, as of March 31 2016, the accounts payable of the factory enterprise decreased by 29% to 889 million.


Revenue increased from Sormovo factory 31 million. To 2015 million. Rubles per year (from March 31 435 601 till March this year).

Despite this, I 2016 quarter, the company posted a loss on the sale of goods (31,6 million. Rubles). Thus, the first three months of the year 2016 factory finished with a loss of 25,5 million. Rubles against profit of 1,8 million. Rubles in the same period last year.

As previously reported, the profit Sormovskaya confectionery factory decreased by more than 2015 30 percent in the year.

REFERENCE. Sormovskaya Confectionery Factory CJSC was established in 1937. Since 2003, it has been part of the United Confectioners holding. Today it is a leading confectionery company in the city of Nizhny Novgorod and the Nizhny Novgorod region.

Sormovskaya confectionery factory produces a full range of confectionery products and produces primary processing of cocoa beans. Four main productions provide a full range of sweet products. Weighted and packaged sweets, chocolate, waffles, boxed candies, cookies, marshmallows, marmalade, gingerbread cookies - there are eight categories and about 200 items.

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