Salavatsteklo reduced net profit

Net profit of JSC Salavatsteklo according to RAS in January-March 2021 amounted to 637.1 million rubles, which is 34.8% less than in the same period last year, Interfax reports, citing the company's statements.

Salavatstekl's revenue increased by 46.3%, and production costs - by 18.7%.

The company's accounts receivable amounted to 2.72 billion rubles. accounts payable - 747.8 million rubles.

Salavatsteklo is the largest Russian producer of flat glass. The main owner is entrepreneur Radik Sultanov (owns 74.9% of the shares).

Source: https://www.kommersant.ru/