Corporate profits in Russia dropped 58.5 percent to RUB 1.57 trillion in the first quarter of 2020 from RU 3.78 trillion in the same period of the previous year. Profits fell in mining & quarrying (-5 percent); electricity, gas, steam & air conditioning (-28.9 percent); manufacturing (-93.7 percent) and transport & storage (-53.8 percent). By contrast, profits in information & communication rose 4.8 percent.
Corporate Profits in Russia averaged 4973.20 RUB Billion from 2010 until 2020, reaching an all time high of 15758.40 RUB Billion in December of 2019 and a record low of -224 RUB Billion in January of 2015. This page provides - Russia Corporate Profits- actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Corporate Profits - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Federal State Statistics Service
Corporate Profits in Russia is expected to be 2000.00 RUB Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Corporate Profits in Russia to stand at 17700.00 in 12 months time. In the long-term, the Russia Corporate Profits is projected to trend around 17700.00 RUB Billion in 2021 and 19700.00 RUB Billion in 2022, according to our econometric models.