United Aircraft Corporation (UAC) reduced its annual net loss under International Financial Reporting Standards (IFRS) to 14.2 billion rubles in 2024, from 34.8 billion rubles a year earlier. The group's revenue increased by 13.1% to 538.9 billion rubles, and the cost of sales increased by 5.7% to 461 billion rubles.
Gross profit amounted to almost 78 billion rubles, which is 1.9 times higher than the same indicator in 2023.
Commercial and administrative expenses, which amounted to 43.7 billion rubles (+13.8%) and 32.1 billion rubles (+69.1%) respectively last year, put significant pressure on the group's financial result. The group's interest expenses also increased significantly, amounting to 59.5 billion rubles (+36.4%) for the year.
At the end of the reporting period, UAC's long-term liabilities reached 882 billion rubles, compared to 850.8 billion rubles at the end of 2023. Short-term liabilities increased to 1.3 trillion rubles from 925.8 billion rubles. The group's balance sheet figures for 2023 and 2022 have been revised.
Earlier www1.ru reported that Yakovlev Showed Full Video of the First Flight of the Fully Import-Substituted SJ-100.
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Import Substitution in Full Swing: No Foreign Parts Left in the SJ-100 Aircraft