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IAPO announces about RAS net profit for 6 months of 2021 equal to RUB 3.87 billion. Total revenue’s increase is 422.02%

August 17, 2021 Cbonds
IAPO publishes the financial statements for 6 months of 2021 prepared according to the Russian accounting standards (RAS).

IAPO revenue for 6 months of 2021 is equal to RUB 49.48 billion, while for 6 months of 2020 it amounted to RUB 9.48 billion.

Net profit in the reference period amounted to RUB 3.87 billion compared to RUB -14.29 billion for 6 months of 2020.

According to the accounting statements of IAPO, total assets’ increase is 22.57% YoY. Non-current assets of IAPO are equal to RUB 160.89 billion. Current assets increased by 26.35% to RUB 285.74 billion. Capital and reserves increased by 84.33% to RUB -4.86 billion.

Long-term liabilities’ increase is 54.8% YoY. Current liabilities’ decrease is 10.16% YoY.
Company — IAPO
  • Full name
    Public Joint Stock Company IRKUT Research and Production Corporation
  • Registration country
    Russia
  • Industry
    Aircraft Production and Defense