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2016 April 11   13:41

Net profit of United Shipbuilding Corporation grew 4-fold in 2015 to RUB 2.08 bln

Net profit of United Shipbuilding Corporation calculated under Russian Accounting Standards grew 4-fold in 2015 to almost RUB 2.08 bln. The Company says its revenue decreased by 2.2% to RUB 22.66 bln.

Long-term financial investments of USC into Far Eastern Shipbuilding and Ship Repair Center are estimated at RUB 1,695,184,000, into North-Western Shipbuilding Center – RUB 23,992,676,000, into Northern Shipbuilding and Ship Repair Center – RUB 72,686,269,000, into Rubin bureau – RUB 6,171,063,000. 

United Shipbuilding Corporation (USC OJSC) is the largest shipbuilding company in Russia. It was set up in 2007 with 100% federal owneRShip. The holding comprises 60 companies and organizations (major shipbuilding and shiprepairing companies as well as leading design bureaus). Currently, USC consolidates about 80% of the domestic shipbuilding complex. The Russian market is the main focus of the state corporation though it also exports its products to 20 countries worldwide.