RAS net profit of JSC Belgorod Abrasive Plant for 2012 grew by 59.88% to RUB 180.213 million from RUB 112.716 million in 2011, the company reported.
Revenue increased by 11.36% to RUB 1.054 billion from RUB 946.503 million, sales profit by 51.74% to RUB 220.666 million from RUB 145.421 million, pre-tax profit by 59.99% to RUB 224.744 million from RUB 140.472 million.
JSC Belgorod Abrasive Plant (tax number: 3125008314) was launched in 1966 as a pilot production unit for the manufacture of abrasive synthetic bonded cloth. In July 1967, the company started the series production of abrasive cloth rolls as its main product. In 1969, the company added continuous abrasive belts, abrasive rollers, abrasive sheets, grinding cones, wide abrasive bands for particle boards.
Today, the primary economic activity of JSC Belgorod Abrasive Plant is the manufacture and sale of abrasive tools on flexible (fabric, paper, polyester, fiber and combined-type) substrates, namely, abrasive cloth and products based on it.
According to the information and retrieval system DataCapital, RAS net profit of JSC Belgorod Abrasive Plant for 2011 grew by 40.84% to RUB 112.378 million from RUB 79.786 million for 2010. Revenue increased by 13.36% to RUB 946.503 million from RUB 834.912 million, sales profit by 37.66% to RUB 145.421 million from RUB 105.637 million.