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RZD announces about increased RAS net profit for 6 months of 2021, up 189.62% YoY. Total revenue’s increase is 9.63%

July 28, 2021 Cbonds
RZD publishes the financial statements for 6 months of 2021 prepared according to the Russian accounting standards (RAS).

RZD revenue for 6 months of 2021 is equal to RUB 964.38 billion, while for 6 months of 2020 it amounted to RUB 879.68 billion.

Net profit in the reference period amounted to RUB 26.16 billion compared to RUB 9.03 billion for 6 months of 2020.

According to the accounting statements of RZD, total assets’ increase is 4.95% YoY. Non-current assets of RZD are equal to RUB 6803.49 billion. Current assets decreased by 12.12% to RUB 360.69 billion. Capital and reserves increased by 8.36% to RUB 4688.43 billion.

Long-term liabilities’ increase is 4.31% YoY. Current liabilities’ decrease is 10.22% YoY.
Company — RZD
  • Full name
    Russian Railways
  • Registration country
    Russia
  • Industry
    Railroad Transportation