Page 48 - RusRPTDec23

4.3.2 Corporate dynamics
In January-August 2023 , according to operational data, the balanced financial result (profit minus loss) of organisations (excluding small businesses, credit organisations, state (municipal) institutions, non-credit financial organisations) in current prices amounted to 21,417.2bn rubles, or 102.6% by January-August 2022.
In January-August 2023, compared to January-August 2022, an increase in the balanced financial result was noted in most types of activities. The highest growth rates are observed in the field of information and communications (Tyumen region, Khabarovsk territory); construction (Amur region, St. Petersburg); professional, scientific and technical activities (Ryazan and Kirov regions) and railway transport activities: intercity and international passenger transportation (Moscow).
A significant decrease in the balanced financial result in January-August 2023 compared to January-August 2022 was noted in organisations operating in the field of fishing and fish farming (Republic of Karelia, Primorsky Territory); in coal mining (Moscow, Republic of Khakassia); wholesale trade, except for wholesale trade of motor vehicles and motorcycles (Arkhangelsk and Amur regions).
Based on the results of January-August 2023, the loss was received by organisations engaged in postal services and courier activities (Moscow).
48 RUSSIA Country Report December 2023 www.intellinews.com