Becher company posts loses in profit

29-08-2013

The Jan Becher liquor company has posted a 171 million crown pre-tax profit in the financial year 2012-2013, which amounts to an 80 million crown loss year-on-year. The company ascribes the drop to the brief period of prohibition in late 2012 enforced in connection with the methanol crisis and the drop in liquor sales in the following months. Becherovka sales suffered not only in the Czech Republic, but in Slovakia, Russia, Germany, Hungary and Ukraine. The appearance of deadly methanol-laced bootleg liquor on the market caused a nation-wide scare, claiming 47 lives. The sale of all spirits plummeted in the wake of the scandal.