Russian companies made profits of RUB 13.9 trillion in the first half of 2024, a 5.8% decline from the same period a year ago. Profits fell sharply in electricity, gas, steam & air conditioning (-33.7 percent) and wholesale and retail trade; repair of motor vehicles and motorcycles (-26.1 percent). By contrast, profits jumped in manufacturing (2.3 percent) and mining (15.7 percent), in particular oil and natural gas production (25.7 percent). source: Federal State Statistics Service

Corporate Profits in Russia increased to 13903.70 RUB Billion in June from 13040 RUB Billion in May of 2024. Corporate Profits in Russia averaged 7381.76 RUB Billion from 2010 until 2024, reaching an all time high of 33306.30 RUB Billion in December of 2023 and a record low of -224.00 RUB Billion in January of 2015. This page provides - Russia Corporate Profits- actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Corporate Profits - data, historical chart, forecasts and calendar of releases - was last updated on September of 2024.

Corporate Profits in Russia increased to 13903.70 RUB Billion in June from 13040 RUB Billion in May of 2024. Corporate Profits in Russia is expected to be 21200.00 RUB Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Corporate Profits is projected to trend around 30000.00 RUB Billion in 2025 and 30500.00 RUB Billion in 2026, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-07-24 04:00 PM
Corporate Profits
May RUB 13.04T RUB 10.05T RUB 11.0T
2024-08-28 04:00 PM
Corporate Profits
Jun RUB 13.9T RUB 13.04T RUB 11.0T
2024-09-25 04:00 PM
Corporate Profits
Jul RUB 13.9T


Related Last Previous Unit Reference
Business Confidence 7.10 7.00 points Aug 2024
Capacity Utilization 60.00 61.00 percent Aug 2024
Car Production 58.20 62.60 Thousand Units Jul 2024
Changes in Inventories 1976.70 1308.70 RUB Billion Mar 2024
Corporate Profits 13903.70 13043.70 RUB Billion Jun 2024
Industrial Production YoY 3.30 1.90 percent Jul 2024
Industrial Production Mom 1.00 -4.90 percent May 2024
Manufacturing Production 9.10 8.30 percent May 2024
Mining Production -1.70 4.00 percent Apr 2024

Russia Corporate Profits
Corporate Profits in Russia is balanced financial result (profit minus loss) of organizations, excluding small businesses, banks, insurance companies and budgetary institutions. Corporate Profits is cumulative value.
Actual Previous Highest Lowest Dates Unit Frequency
13903.70 13043.70 33306.30 -224.00 2010 - 2024 RUB Billion Monthly
Current prices, NSA


News Stream
Russia Corporate Profits Drop 5.8% in Jan-Jun
Russian companies made profits of RUB 13.9 trillion in the first half of 2024, a 5.8% decline from the same period a year ago. Profits fell sharply in electricity, gas, steam & air conditioning (-33.7 percent) and wholesale and retail trade; repair of motor vehicles and motorcycles (-26.1 percent). By contrast, profits jumped in manufacturing (2.3 percent) and mining (15.7 percent), in particular oil and natural gas production (25.7 percent).
2024-08-28
Russia Corporate Profits Rise 6.6% YoY in Q1
Russian companies made profits of RUB 6.65 trillion in the first quarter of 2024, an 11.9% increase from the same period a year ago. In Q1, about 40.2 thousand organizations recorded a profit totaling RUB 8,969.8 billion, marking a 12.7% increase compared to the corresponding period of the previous year. Meanwhile, 17.8 thousand organizations incurred losses amounting to rub 2,320.9 billion, reflecting a 14.8% increase. The share of organizations that made a profit in the first quarter of 2024 was 69.3%, up from 68.6% in the same period a year ago.
2024-06-05
Russia Corporate Profits Rise 24.3% in Jan-Sep
Corporate profits in Russia rose 24.3 percent to RUB 26.1 trillion in the first nine months of 2023 from RUB 20.2 trillion in the corresponding period of the previous year. Profits rose in construction (+80.1), water supply; water disposal, waste collection and disposal (+27.6 percent); mining (+3 percent), in particular oil and natural gas (+22.3 percent) and transport & storage (+19.4 percent) . By contrast, profits fell in manufacturing (-8.4 percent), agriculture, forestry, hunting, fishing and fish farming (-15.9 percent) wholesale and retail trade(-6.1 percent).
2023-11-29