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Hydromash increased 12-month RAS net profit 3.56 times in 2016

RAS net profit of OJSC Hydromash for 2016 increased 3.56 times to RUB 1.708 billion from RUB 480.384 million the year before, the company reported.

Revenue increased by 37.07% to RUB 7.415 billion from RUB 5.409 billion, sales profit by 82.83% to RUB 1.814 billion from RUB 992.11 million, pre-tax profit 3.26 times to RUB 2.16 billion from RUB 663.012 million.

OJSC Hydromash headquartered in Nizhny Novgorod is a leading Russian enterprise for the development, manufacture and testing of chassis, hydraulic cylinders and hydroelectric units for all types of aircraft. The aircraft chassis produced by the enterprise are installed on various versions of Yak aircraft, IL airliners and TU military aircraft, almost on all MiG planes and Sukhoi design bureau's fighters. The enterprise's hydroelectric units are installed on helicopters Mi-8, Mi-24, Mi-26, Ka-50 and others.

According to AK&M Information Agency's DataCapital information retrieval system, RAS net profit of OJSC Hydromash for Q1 2016 went up 25.02% to RUB 278.615 million from RUB 222.851 million the year before. Revenue increased by 27.64% to RUB 1.695 billion from RUB 1.328 billion, sales profit by 26.48% to RUB 330.275 million from RUB 261.127 million, pre-tax profit by 25.78% to RUB 359.341 million from RUB 285.847 million.

"AK&M", 17.03.2017 16:58


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