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Mashenski’s Profit Decreased 440 Times, Chyzh’s – 20 Times

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Mashenski’s Profit Decreased 440 Times, Chyzh’s – 20 Times

The Belarusian Ministry of Finance has published financial statements of the country's public companies for 2015.

In addition, bonds issuing companies have provided information about their financial situation. Finally, the National Bank publishes the country's banks reports.

Based on published data, Nasha Niva has made a list of the top-20 most profitable and unprofitable companies.

For convenience, the amounts are presented in US dollar terms on the basis of last year's average exchange rate – 15.864,62 rubles per dollar.

“Belaruskali” and JCS ‘Mozyr Oil Refinery” remained the leaders of the economics. JCS Naftan, which earned $ 200 million before last year, had less than $ 4 million last year.

The “Conte Spa” company came forward among the privateers. The “Eurotorg” (shops “Euroopt”) was behind by several million dollars.

In 2014, the top profitable companies included Yury Chizh’s “Triple” with $ 65 million of profit. Following the results of 2015 the profit shrank to $ 3.3 million.

How were the other millionaires’ companies doing?

“Tapas” directed by Pavel Bely earned $ 1.35 million.

Aliaksandr Mashenski’s “Savushkin” earned only $ 93 thousand, whereas the year before it was over $ 40 million.

Yury Averyjanau’s “Rostem” had a net loss of $ 2.6 million.

Anatol Tarnauski with his ”Univest-M” lost $ 11.2 million, and Aliaksandr Shakutsin with “Amkodor” – $ 13.7 million.

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