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Sukhoi Russian Aircraft Maker Posts Record Revenues

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  • Sukhoi Russian Aircraft Maker Posts Record Revenues

    Sukhoi Russian aircraft maker posts record revenues

    PanARMENIAN.Net
    June 25, 2012 - 18:49 AMT

    PanARMENIAN.Net - Sukhoi, Russia's leading producer of civilian and
    military aircraft, posted revenues of 47.8 billion rubles ($1.45
    billion) in 2011 a record figure since the company's establishment,
    according to Sukhoi's financial statements posted on its website on
    Monday, June 25, RIA Novosti reported.

    The company's 2011 net profit increased more than fivefold to 5.24
    billion rubles while operating profit equaled slightly over 7 billion
    rubles.

    The company continued implementing its major projects in 2011,
    focusing both on military aircraft and the Suikhoi Superjet 100
    regional airliner, Chairman of the Sukhoi Board of Directors Mikhail
    Pogosyan and Sukhoi CEO Igor Ozar said in a statement.

    The company managed to considerably boost after-sale and aircraft
    maintenance services, with revenues in this business exceeding $300
    million and coming close to 20 percent of the company's earnings.

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