15 November, 2006

Czech Republic: Sladovny Soufflet doubles profit to about CZK 300 million this year

Sladovny Soufflet CR, the malt producer based in Prostejov, central Moravia, reported an audited net profit of CZK 299.6 million in the business year ending June 30, up from a profit of CZK 150.5 million the year before, CTK has learned from the latest issue of the Obchodni vestnik bulletin and The Prague Daily Monitor and Monitor CE posted on November 14th.

Sales dropped from CZK 2.63 billion to CZK 2.41 billion over the same period. The company had total assets worth CZK 2.66 billion, owner's equity of CZK 1.76 billion, and loan capital of CZK 899.9 million. The year before, loan capital totalled CZK 1.27 billion.

Sladovny Soufflet it account for about one half of the malt production in the Czech Republic. Most domestic breweries belong to the customers of the SLADOVNY SOUFFLET CR, and about one half of the production is destined for the foreign markets. The quality of purchased barley and produced and despatched malt is secured and operated by a system based on international quality standards. Its principles are described by the standards of the ISO 9000 series. A certificate, guaranteeing the compliance of the introduced and used quality system with the international standard ISO 9001:2000, has been already awarded to the following plants: Nymburk, Prostejov, Hodonice, Kromeriz a Litovel.

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