The aim of the study was to describe the scenario of the present condition of production and management system of dairy buffalo at Haor areas of Sylhet in Bangladesh. Data were collected between February 2019 and January 2020. Sixty dairy farmers and thirty indigenous dairy buffaloes were selected for the study purpose. All respondent farmers were male and 65% were in between 40 to 50 years of age. Parity number had a significant relation in response of body weight. Quality analysis of milk showed that buffaloes which were reared at Haor areas have more fat content on an average 7.88% than buffaloes which were reared conventional dairy farm containing 7.34%. Price of buffalo’s milk and meat were varied with the seasonal changes, lower in winter season. All farmers fed the buffaloes only with green grass in winter. Four major diseases of buffaloes were found in Haor areas where the percentage of foot and mouth diseases was 15.59% followed by black quarter (11.01%), anthrax (7.34%) and hemorrhagic septicemia (6.42%). The buffaloes were not dewormed so parasitic infestations dramatically increased and easily transferred from one to another. The farmers had not enough knowledge about regular vaccination. But in contrast with profitability, total benefit cost ratio from buffalo rearing was 1:1.56 annually.

The research presents the analysis of relations between financial sustainability and value of joint-stock companies from food industry in Central and Eastern Europe. Increase of volume of assets, shareholders’ equity and revenues demonstrated an improvement of financial sustainability and resulted in growing valuations of companies in the study period. Sample business entities achieved relatively high liquidity and profitability that proved their financial sustainability in terms of risk and return. At the same time rising operating profit margins and liquidity ratios determined higher enterprise value of joint-stock companies. This emphasized a positive relation between enterprise value and financial sustainability. Joint-stock companies demonstrated a robust capital structure with a minor decrease of corporate debt in 2011-2015. However changes in sources of financing could provoke a trade-off between financial sustainability and enterprise value. According to a regression model factors positively influencing enterprise value included revenue, cash and cash equivalents, operating profit, current liabilities and shareholder’s equity. Stimulating revenue and increasing operating profit as well as maintaining higher cash balances improves financial sustainability while debt extension can significantly deteriorate continuity of business.