Tbilisi (GBC) - According to the financial report, Agara Sugar Company Ltd. will increase its income by 56.2% to 140 million GEL in 2021, compared to pandemic 2020.
During this period, the company's cost of goods sold increased by 63% to 132.4 million GEL. Accordingly, the total profit of the company in 2021 amounted to 7.6 million GEL, which is 11% less than the profit of the previous year.
In the same period, the company's assets decreased by 1.9% to 37.4 million GEL, and administrative expenses increased by 14.3% to 5.2 million GEL.
Accordingly, the net profit of the company in 2021 amounted to 1.4 million GEL, which is 18.1% less than the net profit of the previous year.
Agara Sugar Company lost its place in the ten largest importers of October, so the importers of October 2022 look like this:
JSS Gepha; Caucasian Metals Terminal LLC; Geo Sky Airline LLC; LLC Alta; LLC Zoomer Georgia; Caucasus Auto Import LLC; Lukoil-Georgia LLC; Rompetrol Georgia LLC; San Petroleum Georgia LLC; Toyota Caucasus LLC.
The 10 largest importers of October 2021 were as follows:
JSS Gepha; Caucasian Metals Terminal LLC; Ltd. Agara Sugar Company; Ltd. Alta; Caucasus Auto Import LLC; PSP Pharma LLC; Rompetrol Georgia LLC; San Petroleum Georgia LLC; LLC; SOCAR Georgia Petroleum; Georgian Manganese Ltd.
Agara Sugar Company was founded in 2010. The structure of its owners looks like this:
Society Anatolia Trade Company 51%;
Society NirezounGeorgia 16.3%;
Universal Capital Group 24.5%;
Anatolia Holding Company Limited,/United Arab Emirates 8.2%.