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How much revenue does "Ori Nabiji" have?

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Natia Taktakishvili
30.12.20 10:30
1840
Supermarket chain "Ori Nabiji" occupies the third position after Carrefour and Nikora. Company’s whole sales as 33% up in 2019 and reached 308.5 million GEL.

“Ori Nabiji” unites more than 207 supermarkets throughout the country.

According to the financial results, the cost of goods sold by the company last year was 263.3 million GEL. Moreover, the company spent more than 20 million GEL on the remuneration of 2.1 thousand employees (administration and staff), while depreciation and amortization costs were 14.2 million GEL. In addition, the company paid up to 9 million GEL for the lease.

Namely, revenues of Ori Nabiji from the sales are as follow:

Food sales - 215.3 million GEL, initial cost (181.6 million);
Beverage sales - 46.1 million GEL, initial cost (39.9 million);
Sales of non-food products - 47.1 million GEL, initial cost (41.8 million)
Total sales - 308.5 million GEL, initial cost (263.3 million).

In addition, Ori Nabiji had other revenue of 13.6 million USD, including 5.5 million USD came from in-store banners, 6.8 million USD from discounts, and 0.8 million USD - commission revenue.

As of December 31, 2019, the value of the assets of "Ori Nabiji" exceeded 130 million GEL.

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