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30 July, Friday

Ufa   °

BSC will receive record financial performance in first half of 2021

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Economy/Business

The Bashkir Soda Company (BSC) predicts record financial performance for the first half of 2021 based on the results of its operations.

According to preliminary data, revenue for 6 months will amount to over 28 billion rubles, operating profit — 10 billion rubles, adjusted net profit — 7.8 billion rubles. The company has never achieved such indicators in the entire history of its existence.

BSC demonstrates record revenue growth in the first half of the 2021 fiscal year. This figure reached 28.2 billion rubles, which shows an increase of 22% compared to the same period in the 2020 financial year. Profit from sales has grown by 37% and currently amounts to more than 10 billion rubles.

It is also planned to set a historical record for one more indicator — adjusted net profit (excluding dividends received from subsidiaries) — 7.8 billion rubles. A year earlier, this figure was at the level of 5.7 billion rubles.

The company associates the record growth of financial indicators with a favorable market situation for its products, an increase in sales of the main types of products, in particular, PVC resin and purified sodium bicarbonate.

/translated by Tatiana Aksyutina
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