Profit of Russian Companies Increased by 63% in 1 Half of 2010

Aggregate profit of companies in Russia in I half of 2010 increased by 63%  to 2.72 trillion rubles., the Federal State Statistics Service of Russia (Rosstat) announced today. 


This indicator is calculated as revenue minus losses of organizations, without regard to financial results of small businesses, banks, insurance and budget organizations.

Leaders building profits were real estate companies. According to Rosstat aggregate profit of organizations conducting real estate transactions involved in renting and business activities in this area has increased by 2,6 times - up to 108.9 billion rubles. 

Second place in the pace of profit growth took manufacturing. Their profits had nearly doubled compared to the same period last year - up to 660.6 billion rubles. (95.8%).


Profits of enterprises in wholesale and retail trade increased by 69.4% (to 714.5 billion rubles.) Enterprises in the field of mining - by 56,5% (to 608.9 billion rubles.) Transport and communications - 35 , 1% (329.5 billion rubles).