Purcari Wineries Public Co Ltd 2020 Annual Report
The report highlights Purcari Wineries Public Company Limited's financial and operational performance for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic and a severe drought in Moldova that led to a historically low grape harvest, the Group achieved a 2% increase in revenues to RON 203.7 million, driven by strong growth in the Romanian market. The Group successfully divested its stake in Glass Container Company for EUR 7.8 million, significantly boosting its net profit by 46% to RON 59.2 million. Additionally, Purcari finalized modernization upgrades at its flagship winery, expanded its product portfolio, and continued its commitment to social responsibility through COVID-19 relief donations and community support.
Company: Purcari Wineries Public Co Ltd
Sector: Manufacturing
Country: Cyprus
Year: 2020
Type: Annual Report
Pages: 96
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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 2020. Despite the challenges of the COVID-19 pandemic and a severe drought in Moldova that led to a historically low grape harvest, the Group achieved a 2% increase in revenues to RON 203.7 million, driven by strong growth in the Romanian market. The Group successfully divested its stake in Glass Container Company for EUR 7.8 million, significantly boosting its net profit by 46% to RON 59.2 million. Additionally, Purcari finalized modernization upgrades at its flagship winery, expanded its product portfolio, and continued its commitment to social responsibility through COVID-19 relief donations and community support.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report
Language
English
Pages
File Size
Standards & Assurance
No data available
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees