Tactical Missiles Corporation Presents Its Results for 2010
OREANDA-NEWS. June 06, 2011. In 2010 the sales of products and services in general for the Corporation accounted for 34 017 mln. rubles, and in comparison with 2009 increased by 8,4% or 2 650 mln. rubles taking into account internal sales, reported the press-centre of Tactical Missiles Corporation.
According to the results of 2010 the net profit amounted to 1 897 mln. rubles and as compared to 2009 decreased by 8,4% or 175 mln. rubles.
The level of the common profitability, which is the main indicator of the business activity efficiency, was 5.6 %.
The total amount of cash investment in the Corporation amounted to 2 474 mln. rubles. and increased by 11.1% in comparison with 2009 (2 226 mln. rubles).
As before, the major part or 44.7% of all investment was directed to capital repairs, reconstruction and construction of buildings and structures (1 105 mln. rubles.).
Expenditure on the acquisition and upgrading of equipment and transport amounted to 507 mln. rubles or 20.5%.
The R& D financing accounted for 239 mln. rubles. (9.6%).
Expenditure on the information technology development amounted to 154 mln. rubles. (6.2%).
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