JSC Roskan, the Russian subsidiary of Mars' petfood brand Royal Canin, increased its net profit by 33% in 2010. JSC Roskan's net profit in 2010 was 290.9 million rubles (US$10 million), an increase from 2009's net profit of 218.6 million rubles (US$7.5 million), according to Spark-Interfax.
The company's 2010 revenue also increased from 2.4 billion rubles (US$82.5 million) in 2009 to 3.1 billion rubles (106.5 million) in 2010. Profit from sales rose to 596.4 million rubles (US$20.5 million) in 2010, from 491.8 million rubles (US$16.9 million) in 2009.
New shelter data casts doubt on whether the pet population and pet ownership are truly growing.
While the pandemic caused unprecedented suffering worldwide in 2020, the disruptions to dogs, cats and other pets adoption numbers may normalize in 2021.