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Economy
04 November 2021, 17:20

Belarusian Cement Company reports growing profitability, export in January-September

Photo courtesy of the BCC
Photo courtesy of the BCC

MINSK, 4 November (BelTA) – Enterprises of the holding company Belarusian Cement Company (BCC) increased profitability and export in January-September 2021. Their performance was discussed at a session of supervisory boards of daughter enterprises of the holding company. The session was held at premises of Belarusian Cement Company's Minsk Silicate Products Plant, BelTA has learned.

During the session BCC Director General Aleksandr Dovgalo noted that in January-September 2021 the enterprises hit their main performance targets, which state support hinges on. In particular, the sales profit margin reached 5.2%, the output growth rate totaled 108.9%, and profits from sales were close to Br8.5 million.

“Thanks to ongoing work and the measures being taken we managed to hit and substantially exceed our merchandise export target in January-September,” Aleksandr Dovgalo stressed.

Participants of the session also discussed ways to reduce prime costs amid rising prices for raw materials, satisfy consumer demand for BCC products, and fulfill the Architecture and Construction Ministry's instruction to secure the output growth rate of at least 100% in comparison with 2020 across all groups of products.

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