OREANDA-NEWS. OAO Grodno Meat Factory reported a net profit of Br10.619 billion (USD 1.034 million) in Q1 2014, down 57.4% year on year, according to a report of the Finance Ministry's Department for bonds and securities.

The meat factory's revenues reached 428.963 billion rubles (USD 41.77 million), up 18.6%.

The factory's statutory capital is owned by 2,654 shareholders, including 4 entities. The statutory capital is made up of 283,805 shares with a face value of Br208,000 (USD 20.33).

Established in 1939, OAO Grodno Meat Factory produces meat and by-products, sausages, prefabricated meat. Russia is a major destination of meat exports by OAO Grodno Meat Factory.