Bashkir poultry farm "Trasta" in 2021 against the backdrop of rising incomes reduced the loss by 41%

Turbaslinskiye Broilers JSC (Bashkiria, affiliated with Management Company Trust - Poultry Assets LLC) in 2021 received a net loss of 726 million rubles under RAS, which is 41% less than a year earlier, follows from the company's statements.

The poultry farm's revenue grew by more than a quarter on the back of a lower cost growth rate. This allowed for a gross profit against a gross loss a year earlier.

The company showed profitability of sales, despite the growth of commercial (by 3 times, up to 1.618 million rubles) and administrative (by 7.2%, up to 330.016 million rubles) expenses.

A twofold increase in other income (up to 141.262 million rubles) against the background of a smaller increase in other expenses (by 42.7%, up to 149.221 million rubles) led to a reduction in pre-tax and net loss (by 41%).

The main financial indicators of JSC "Turbaslinskie broilers" (in thousand rubles):

The company's accounts payable increased from 1.671 billion rubles at the end of 2020 to 1.73 billion rubles at the end of 2021, accounts receivable - from 1.296 billion to 1.565 billion rubles.

Management Company "Trust - Poultry Assets" manages the groups of companies "Healthy Farm" and "Russian Grain".

The Russian Grain group of companies is a full-cycle agro-industrial holding in Bashkiria, engaged in the production of chicken MEAT and related products (table eggs, products of deep processing). The group unites a number of poultry farms, an enterprise for growing crops for the production of its own mixed fodder, a mixed fodder plant, trading houses engaged in the sale of products, and a modern meat processing complex. The holding is represented by such trademarks as "Turbasly Broiler" (poultry meat products) and "Avdon" (egg products).