UZTM’s net loss comes to 2.3bnRUR in 2014

7 April 2015 (18:03)

April 7, 2015. The net loss of Uralmashzavod (UZTM) came to 2,317,528,000 RUR in 2014, the company’s annual accounting report states.

The plant’s revenues dropped by 37% last year and amounted to 4,541,944,000 RUR against 7,179,381,000 RUR in 2013.

Proceeds from sales of machines and equipment on the home market decreased from 5,921,119,000 RUR down to 3,193,543,000 RUR.

At the same time, proceeds from sales on India’s market rose from 444.071m RUR to 455.702m RUR. Figures also looked better on the CIS sales and the markets of the countries of the far abroad: 892.699m RUR in 2014 against 814.191m RUR in 2013.

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