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IRKUT corporation obtained record revenue in 2013

JSC IRKUT Corporation (a UAC company) publishes its financial statements of 2013 according to IFRS.

Revenue of JSC IRKUT Corporation amounted to 1,905,757 thousand US$ in 2013 which is 24% higher than in 2012.

Achieved revenue became a record in the company’s history. Over the past 10 years, that figure increased more than three times.

Gross margin in 2013 was 26% (24% - in 2012). Net profit of JSC IRKUT Corporation by the results of 2013 also increased and amounted to 36,618 thousand US$, against 32,136 thousand US$ in 2012.

Net debt of IRKUT Corporation on December 31, 2013 amounted to 455,114 thousand US$, which is 14% lower than in 2012.

Positive results were achieved due to increasing deliveries of multirole Su-30SM fighters and Yak-130 Combat trainers within the State defense order and strict compliance with the obligations under export contracts as well.

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URL: http://www.ruaviation.com/news/2014/4/9/2267/