Kungur meat processing plant KOMOS Group reduced losses by 37% in 2024

The company's revenue increased by 8.55% year-on-year, reaching 5.7 billion rubles. Despite the growth in the cost of sales by 7.6%, the loss on sales decreased fivefold, amounting to 27 million rubles. Over the same period, accounts receivable increased from 432.4 million to 466 million rubles, and accounts payable - from 509.6 million to 813.6 million rubles.

Since acquiring the plant in 2016, the agroholding has held about 42% of the market share in the Perm region. Since 2021, the company has regularly recorded a net loss, which in 2023 amounted to 450.4 million rubles, which the management attributes to an increase in interest on loans and failure to fulfill the product sales plan.

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