OREANDA-NEWS. December 13, 2011. According to the international financial statement, the company revenue in 2008 amounted to 9,243 million rubles; net profit amounted to 82 million rubles. According to the results of financial statement audit of 2009, the revenue is 9,971 million rubles; net profit is 237 million rubles. According to the consolidated report of total revenue in 2010, the revenue of Stoylenskaya Niva contracted to 9,330 million rubles; the profit of the holding amounted to 193 million rubles.

Prior to publishing the audited IFRS statements, Stoylenskaya Niva provided information obtained on the basis of the Russian Standards of accounting.

Dmitry Drevlyansky, the President of Stoylenskaya Niva AIC: Taking into account the development strategy of Stoylenskaya Niva Group of companies which inter alia implies increase of business visibility, we have made a decision to provide information about the results of Group activity according to the audited IFRS statements.  

Additional information:

“Stoylenskaya Niva” Agro-Industrial company” was founded in 2000 and currently it is one of the largest holdings of agro-industrial sector of the country. In Russian market Stoylenskaya Niva holds the first position on aggregated volume of bakery produced, the 3rd position on flour production and the 6th position on confectionary produced