RAS net loss of OJSC RUSNANO for H1 2013 increased 3 times to RUB 1.324 billion from RUB 440 million the year before, the company reported.
Revenue grew by 23% to RUB 4.602 billion from RUB 3.751 billion. Sales profit was RUB 805 million against a sales loss of RUB 211 million.
The mission of RUSNANO (tax number: 7728131587) established in March 2011 through reorganization of state corporation Russian Corporation of Nanotechnologies, is to pursue the state policy in the sphere of nanotechnologies co-investing in nano-technological projects with a promising economic or social outlook. The company's priorities are: optoelectronics, nanoelectronics, mechanical engineering, metal working, solar power, healthcare, biotechnologies, energy-efficient solutions and nanostructured materials.
The company's authorized capital is RUB 53.741 billion represented by 53,741,700,000 common shares at par value of 1 ruble. The Russian Federation holds 100% of RUSNANO shares.
IFRS net loss of the company for 2012 was RUB 21.813 billion against a net profit of RUB 1.007 billion in 2011. Revenue went up 2.8 times to RUB 6.942 billion from RUB 2.498 billion.
According to the information and retrieval system DataCapital, RAS net loss of RUSNANO for Q1 2013 grew 6.6-fold to RUB 790.742 million from RUB 120.621 million for the same period in 2012. Revenue increased by 0.3% to RUB 958.368 million from RUB 955.898 million.