Housing Companies in Mid-Urals Make Close to RUR 100bn

18 December 2017 (16:56)

UrBC, Yekaterinburg, December 18, 2017. Companies in Sverdlovsk Oblast’s communal housing services and utilities sector made RUR 99.6bn in profits between January and September 2017, Sverdlovskstat reports.

RUR 19.7bn (19.8%) stemmed from housing services and RUR 79.9bn (80.2%) stemmed from communal services. 53.2% of money came from housing bills issued to private home owners and contractors.

These businesses incurred RUR 97.2% in operation expenses (including RUR 26.8bn relating to housing services and RUR 70.4bn relating to communal services). Private home owners paid 99.8% of this money back. Also, over RUR 1bn got allocated in the form of budget subsidies (including RUR 10.9m meant to make up for the difference between the state-regulated end user prices and the companies’ actual expenses).

The cost of all the communal housing and utilities services the companies offered to end users in January through September was estimated at RUR 59.4bn; RUR 39.6bn (66.6%) stemmed from communal services and RUR 19.8bn (33.4%) stemmed from housing services. The proportions of heating power supply services and electric power supply services in the overall service range reached 51.5% and 25.6%, respectively.

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