Tbilisi (GBC) - According to the financial statements of 2021, "Tbilgvino" JSC increases its income by 17% compared to the pandemic year (2020), and records GEL 45.8 million.

In the mentioned period, the company increased the cost of goods sold by 3% to 20.3 million GEL. Accordingly, the company recorded a total profit of 25.5 million GEL.

During this period, the total expenses of the company amounted to 13.5 million GEL. So, the total income of the company, excluding expenses, was recorded at 13.2 million GEL in 2021.

The company increased its assets by 7.7% to 76.1 million GEL, and its capital by 16.8% to 50.8 million GEL.

Despite the successful year 2021, the company lost its place among the five largest wine exporting companies in January-September 2022, where it held the position in the same period of the previous year.

The top five exporters for January-September 2022 look like this:

SS Badagon; Bolero & Company Ltd.; GVMT Group LLC; Askaneli Brothers LLC; Dugladze Wine Company LLC.

JSC Tbilghvino was founded in 1996. The share capital of the company consists of 421,854 units of shares, the nominal value of which is 2 GEL (per unit).

The company's main field of activity is the production and sale of Georgian wine and alcoholic beverages. The company employs 140 employees.

The structure of the company's owners is as follows:

50% - Giorgi Margvelashvili;

50% - Zurab Margvelashvili.

JSC Tbilghvino

2021

2020

%

Revenue

45.8

39.1

17

Retail Sales

20.3

19.7

3

Total Profits

25.5

19.4

31

Total expenditures

13.5

11.2

21

წლის სრ.შემოსავალი

13.2

9.4

40.5

აქტივები

76.1

70.6

7.7

კაპიტალი

50.8

43.5

16.8