Uralmashzavod increased its half-year profit by 2.6 times – Kommersant
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PJSC Uralmashzavod (Yekaterinburg, UZTM-Karteks) increased its net profit under RAS by 2.6 times in January-June 2023 compared to the same period last year. As stated in reporting company, profit increased from 188.3 million to 490.1 million rubles.
The company’s revenue for this period increased by 1.7 times, from 7.8 billion to 13.52 billion rubles, the cost price – by 1.8 times, to 10.93 billion rubles. from 5.9 billion. Gross profit growth, in turn, amounted to 38.8%.
At the same time, as follows from the reporting, accounts receivable as of June 30 this year amounted to 27.9 billion rubles, while at the end of December last year it amounted to 26.5 billion rubles, and according to data as of December 31, 2021 – RUB 12.8 billion The company’s accounts payable increased from 5.6 billion rubles. in December 2021 to 15.9 billion rubles. on June 30th. It is noted that at the end of December last year it amounted to 12.8 billion rubles.
PJSC Uralmashzavod is a part of UZTM-Karteks Group of Companies. It is engaged in the production of equipment for the mining industry, metallurgy and nuclear energy.
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