The Gyulai Húskombinát reached 8 billion HUF revenue last year

The Gyulai Húskombinát (Meat Facory of Gyula) closed the 2011 fiscal year with 8 billion HUF revenue and with 400 to 500 million HUF losses – informed MTI Ruck János, CEO of the Gyulai Húskombinát Zrt.

The company's 2010 revenue was 6.5 billion HUF, its net loss was 300 million HUF.

The CEO told that last year the company produced 8,500 tons of meat products, 2,200 tonnes more than in 2010. The 30 percent production increase is due to the growth of the export market. The major foreign trade turnover improved the company’s operating result, the revenue loss ratio is between 2-3 percent, compared to the previous year's 4-5 percent. (MTI)