VSMPO-Avisma's net profit increases by 1.6 times

SVERDLOVSK REGION

 

According to RAS, the net profit of the VSMPO-Avisma Corporation, PJSC amounted to 15.1 billion rubles in 2021, which is 1.6 times more than in the previous year (9.5 billion rubles).

 

According to the company's public accounts, the revenue decreased by 13.1% to 67.9 billion rubles, while the cost of the sales decreased by 1.3 times to 36.55 billion rubles.

 

RusBusinessNews reports that the gross profit decreased slightly - by 0.6% to 31.3 billion rubles, while the profit from the sales decreased by 6.9% to 21.9 billion rubles.

 

The VSMPO-Avisma Corporation, PJSC has almost halved its other expenses (1.8 times) - from 16.57 billion rubles in 2020 to 9.2 billion rubles in 2021, while other income increased from 5.51 billion rubles to 6.18 billion rubles (+12%). As a result, the pre-tax and net profits were 1.5 and 1.6 times higher, respectively.

 

According to the company, EBITDA at the end of last year was 23.75 billion rubles increasing 1.3 times.

 

The VSMPO-Avisma Corporation's liabilities increased from 17.874 billion rubles to 24.343 billion rubles and receivables decreased from 37.37 billion rubles to 23.551 billion rubles.