Purcari Wineries Public Co Ltd 2019 Annual Report
The report highlights Purcari Wineries Public Company Limited's financial and operational performance for the fiscal year 2019. The company achieved an 18% increase in sales, reaching RON 199.1 million, driven primarily by strong growth in the Romanian and Moldovan markets. Purcari expanded its vineyard area by 23% to 1,392 hectares and invested RON 43 million in capital expenditures to expand production capacity and modernize facilities. Despite adverse weather conditions globally, the company maintained a stable gross profit margin of 50%. Additionally, the company implemented energy efficiency measures, modernized its sewage processing facility, and supported various community and social initiatives.
Company: Purcari Wineries Public Co Ltd
Sector: Manufacturing
Country: Cyprus
Year: 2019
Type: Annual Report
Pages: 99
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Purcari Wineries Public Co Ltd
Report And Consolidated Financial Statements
The report highlights Purcari Wineries Public Company Limited's financial and operational performance for the fiscal year 2019. The company achieved an 18% increase in sales, reaching RON 199.1 million, driven primarily by strong growth in the Romanian and Moldovan markets. Purcari expanded its vineyard area by 23% to 1,392 hectares and invested RON 43 million in capital expenditures to expand production capacity and modernize facilities. Despite adverse weather conditions globally, the company maintained a stable gross profit margin of 50%. Additionally, the company implemented energy efficiency measures, modernized its sewage processing facility, and supported various community and social initiatives.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report
Language
English
Pages
File Size
Standards & Assurance
No data available
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees