A record increase in company profits was recorded in Russia in 2023

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The profits of Russian business in 2023 increased by a third compared to the previous year, reaching 33.3 trillion rubles. writes about this RBC With reference to Rosstat data on the financial performance of organizations.

“The total profit of Russian companies in 2023 increased by 24% to 38.3 trillion rubles, and losses, on the contrary, decreased by 19.5% to 5 trillion rubles,” the publication writes.

As a result, the share of profitable organizations in the economy increased to 75.3 percent, while the share of unprofitable organizations decreased to 24.7 percent. The largest increase in the balanced fiscal result was recorded in administrative activities and related services – an increase of 7.3 times to 1.1 trillion rubles, and in professional, scientific and technical spheres – an increase of 7.1 times to 1.49 trillion rubles.

According to experts from TsMAKP and the Higher School of Economics, growth in business profitability was influenced by budget acceleration. “Administrative activities and professional science are areas related to budget expenditures. The massive budget acceleration in 2023, exceeding 5% of GDP according to the Ministry of Finance, could affect their profitability,” said Vladimir Bessonov, head of the HSE analysis department.

Financial results include the services sector (5 times, up to 31.9 billion rubles), finance and insurance (2.7 times, up to 2.7 trillion rubles), as well as culture, sports and entertainment (2.5 times, up to 59 billion rubles ) increased significantly in their sectors. billion rubles).

At the same time, the balance of profits and losses decreased in coal mining (54%), the chemical industry (40%), paper production (22%) and pharmaceuticals (14%). The biggest decrease was seen in air and space transportation activities with 79%.

was there the other day named Regions where women entrepreneurs are concentrated.

Previously in Russia registered Increase in women’s investment activities.

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