OJSC Belarusian Universal Commodity Exchange

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2012.05.14 | Share of loss-makers in Belarus down to 11.6% as of Mar 1

The share of loss-making companies in Belarus decreased to 11.6% (987 entities) of the total number as of March 1, 2012 from 12.5% as of March 1, 2011, an official with the National Statistics Committee told reporters.

Their net loss grew 80% to Br1.139 trillion Belarusian rubles ($140.098 million at the NBB rate).

The return on sales in January-February 2012 was at 12.1%, up from 7.5% in January-February 2011.

In the manufacturing sector, the share of loss-makers was at 15.6% as of March 1, 2012, down from 19% the previous year. The profitability of manufactured commodity sales reached 13.4% from 8.1% the year before.

The share of loss-makers in the construction sector rose to 16.3% in January-February 2012 from 12.3% the previous year. The return on construction product sales went down to 5.9% as of March 1, 2011 from 6.6% the year before.

In agriculture, the share of loss-making enterprises was at 2.3% as of March 1, 2012, down from 3.7%. Profitability of sold products rose to 20.5% from 9.8%.

The share of loss-makers in the transportation sector stood at 20.1% as of March 1, 2012, down from 21.3% as of March 1, 2011. The profitability rate in that real economy sector grew to 13.3% from 5.4% in January-February 2011.