Corporate profits in Russia rose 9.1 percent from a year earlier to RUB 14.27 trillion in January-November 2019 from RUB 13.08 trillion in same period of 2018. Profits rose in manufacturing (16.4 percent to RUB 4.02 trillion); wholesale and retail trade, repair of motor vehicles and motorcycles (24.0 percent to RUB 2.64 trillion); transport & storage (28.9 percent to RUB 1.17 trillion); electricity, gas, steam & air conditioning (24.1 percent to RUB 0.73 trillion) and information & communication (40.5 percent to RUB 0.42 trillion). By contrast, mining & quarrying profits fell 18.6 percent to RUB 3.65 trillion, mainly due to crude oil & natural gas (-23.8 percent to RUB 2.66 trillion).
Corporate Profits in Russia averaged 4968.36 RUB Billion from 2010 until 2019, reaching an all time high of 14267.40 RUB Billion in November 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. source: Federal State Statistics Service
Corporate Profits in Russia is expected to be 3200.00 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.