UAC’s shares climbed 30% after the corporation unveiled its financial statement for 2014 - RUSSIAN AVIATION

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UAC’s shares climbed 30% after the corporation unveiled its financial statement for 2014

Russian Aviaton » Thursday April 16, 2015 19:27 MSK

Shares of United Aircraft Corporation (UAC) climbed almost 30% after the corporation unveiled its financial statement for 2014 (in accordance with Russian Accounting Standards), Gazeta.ru reports.

In particular, on April 3rd during trading session at MICEX the price of common shares of UAC increased to 0,245 rubles per share as of 15.25 (+27,6% as compared to the previous day). It is the highest price of the corporation’s shares since late April 2012.

Net profit of UAC for 2014 increased 12 times and reached 8,4 billion rubles. The corporation’s revenues for 2014 were 39,9 billion rubles (12,1 billion rubles in 2013). The corporation’s gross profit decreased by 5,5% to 598,7 million rubles.

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