30 March 2016, Wednesday, 16:05

"Belebeevsky zavod "Avtonormal" increased its net profit under RAS by 2.7 times

 

UFA, 30 March 2016. /Bashinform News Agency, Olesya Seregina/. Net profit of JSC "Belebeevsky zavod "Avtonormal" (BelZAN) amounted to 45.69 million rubles following the results of 2015, which is by 2.7 times more than the result of 2014 according to the company’s reporting under RAS.

BelZAN revenues increased by 28.9 percent — to 4.18 billion rubles. Cost of sales amounted to 3.9 billion rubles (plus 24.7 percent). Gross profit increased by 2.5 times — up to 273.79 million rubles, sales profit by 19.5 times, up to 188,45 million rubles. Profit before tax was formed in the amount of 54.57 million rubles, which is 1.6 times more than the figure of 2014.

Long-term liabilities of the enterprise fell in 2015 from 712,42 million rubles to 446 960 000, the short-term increased — from 2 billion to 2.15 billion rubles. Accounts receivable decreased from 974.92 million to 776.28 million rubles, accounts payable — from 478,85 million to 427,28 million rubles.

JSC "Belebeevsky zavod "Avtonormal" was created on the basis of JSC "Avtonormal" in 2002. It occupies 50 percent of the Russian market of fasteners for the automotive industry. The authorized capital is 360.38 million rubles, 99.23 percent is controlled by JSC "AvtoVAZagregat".