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Koufuku International Limited
Koufuku International Limited (KIL) started its manufacturing operations in 2015 and commenced processed cheese processing in April, 2019. The company is the only manufacturing entity in Bhutan that produces processed cheese with natural gouda as main component of ingredients under flagship brand of “Druk Zambala Cheese”.
Achievements
- Achieved Nu 19.72 in revenue from sale of processed cheese, more than double of its 2019 processed cheese earnings of Nu 8.9 million. Correspondingly, a total revenue of 25.38 million was achieved, an increase of 15.47% from Nu 22 million in 2019;
- Achieved plant capacity utilization of 31.5%, a slight decrease from 32.5% in 2019;
- Purchased 375,361 liters of milk (worth Nu 12.88 million) from farmers, a decrease from 393,360 liters in 2019;
- Developed and standardized the new formulation of “Druk Zambala” processed cheese;
Company | Particulars | 2020 | 2019 |
|---|---|---|---|
KIL | Total Assets | 81.62 M | 88.82 M |
Net Worth | 49.29 M | 35.40 M | |
Income | 25.40 M | 21.99 M | |
Expenditure | 49.74 M | 39.31 M | |
PBT | -24.33 M | -17.32 M | |
Tax | 1.12 M | 0.98 M | |
PAT | -25.45 M | -18.29 M |
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