Date: 2 months ago   Category: Industry

Roskosmos increased net profit in 2017 by 1.5 times — to 4.2 billion rubles — Rambler News Service


The Roskosmos state corporation increased net profit in 2017 under RAS, by 1.5 times in comparison with an indicator of previous year — to 4.191 billion rubles, it is told in the report of Roskosmos. The net profit of state corporation in 2016 was 2.752 billion rubles. The revenue of Roskosmos increased for the reporting period by 7.1% and reached 27 billion rubles. Cost of sales was 18.95 billion rubles, having increased by 2.1 times. Profit before taxation was in 2017 5.158 billion rubles against 4.391 billion rubles the previous year (growth by 18.1%). Goskoopration notes that the share of export of the Russian missile and space equipment in the total world amount of export decreased from 8.8% in 2016 to 8.5% in 2017. According to the company, in the world market are the reasons of decrease in competitiveness of the domestic space equipment: in a segment of spacecrafts – the preventing to equipment of the Russian spacecrafts the high-quality import equipment caused by the sanctions policy of the western states and also depreciation of the ruble in relation to world currencies; in a segment of means of removal – an exit of private firms of the USA with assistance of the state to the world market of starting services with dumping prices of space starts (in particular, SpaceX with family of the carrier rockets Falcon). Roskosmos specifies that now in the industry measures for import substitution and reduction of operating costs are taken.

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