JSC Beriev Aircraft reduced its equity position in Irkut Corporation to 9.03% from 10.06%, the latter company informed.
The number of common shares in Irkut Corporation held by Beriev Aircraft decreased to 87,567 from 97,567.
JSC Beriev Aircraft (Taganrog Aviation Scientific-Technical Complex named after G.M. Beriev, tax number: 6154028021) is part of JSC United Aircraft Corporation (UAK). UAC and its constituents are principally engaged in the development, manufacture, marketing, operation support, after-sales service and service maintenance, repair and recycling of civil and military aircraft.
The authorized capital of the corporation is RUB 174.61 billion, the Russian Federation owns 80.29% of its shares.
According to the DataCapital information retrieval system, IFRS net loss of Beriev Aircraft for 2013 grew by 2.04% to RUB 600 million from RUB 588 million for 2012. Revenue increased by 64.49% to RUB 5.359 billion from RUB 3.258 billion, profit from operations was RUB 47 million against a loss of RUB 67 million, loss before tax grew by 0.32% to RUB 632 million from RUB 630 million.
According to the DataCapital information retrieval system, RAS net loss of Beriev Aircraft for Q1 2014 decreased by 5.65% to RUB 117.813 million from RUB 124.867 million the year before. Revenue increased 7.07-fold to RUB 457.213 million from RUB 64.689 million, sales profit by 58.79% to RUB 15.833 million from RUB 9.971 million, loss before tax decreased by 5.57% to RUB 138.04 million from RUB 146.186 million.
Irkut Corporation (research and production corporation, tax number: 3807002509) is part of UAC engaged in the manufacture and development of military and civil aircraft (in particular, the SU heavy fighters, the Be-200 amphibian aircraft). Besides, the enterprise has developed facilities for the P2F conversion of Airbus A320 aircraft.
IFRS net profit of Irkut Corporation for 2013 increased by 13.95% to $36.618 million from $32.136 million the year before. Revenue dropped by 24.49% to $1.906 billion with $1.531 billion, profit from operations 10.67 times to $138.351 million from $12.966 million.
According to the DataCapital information retrieval system, RAS net loss of Irkut Corporation for Q1 2014 grew by 28.34% to RUB 1.449 billion from RUB 1.129 billion the year before. Revenue decreased 3.61-fold to RUB 858.228 million from RUB 3.095 billion, sales loss increased by 39.42% to RUB 1.38 billion from RUB 989.803 million, loss before tax by 25.97% to RUB 1.79 billion from RUB 1.421 billion.