Net loss of PJSC "Yakovlev" under RAS in the first quarter of 2024 decreased by 37% year-on-year and amounted to 455 million rubles, the company said in its statements. This is reported by Interfax.

The volume of revenue, cost of sales, liabilities and other financial indicators are not disclosed in the statements in accordance with government resolutions No. 1102 of July 04, 2023 and No. 1587 of September 28, 2023.

In full, the company's financial results were last presented for 6 months of 2022 (also under RAS): revenue amounted to 37 billion rubles, cost of sales - 25 billion rubles, long-term liabilities were at 187 billion rubles, short-term - 215.4 billion rubles.

Yakovlev unites the eponymous production center in Komsomolsk-on-Amur, Irkutsk Aviation Plant, Aerocomposite, RAPART and RATA companies. The company produces Yak-152 trainer aircraft, and is working on the civilian SJ-100 (import-substituted version) and MC-21.

Yakovlev is part of Rostec's United Aircraft Corporation PJSC.