OREANDA-NEWS. September 05, 2013. In the first half of 2013 Corporation showed a positive dynamics on many key indicators. Compared to 6 months of 2012 consolidated revenues in compliance with IFRS increased by 29% to 81,262 mln RUB (6m 2012: 62,973 mln RUB).

EBIT increased by 146% and resulted to 5,021 mln RUB (6m 2012: -11,001 mln RUB). Net loss decreased by almost 2 times to -8,978 mln RUB (6m 2012: - 16,092 mln RUB).

The increase in consolidated revenue by 29 % compared to 6m 2012 is based mainly on growth in revenue earned on aircraft construction contracts (85%), revenue earned on R&D services (87%), revenue earned on modernization and overhaul services (112%). In the year 2012, the Corporation signed a number of contracts for the supply of Su-34, MiG-29K/KUB, Su-30SM, SSJ-100, which significantly influenced on the positive revenue growth for the 1st half of 2013.

The increase in revenue with almost constant operating costs, in turn, influenced the reduction in the net loss by 44% compared to 6 months of 2012.

Corporation's net debt increased by 12.3 % compared to December 31, 2012 , due to the attraction of credit resources to fund programs preparing for batch production.