IRKUT Records $1 billion Revenue For 9 Months Of 2014
02:53 PM, January 29, 2015
JSC Irkut Corporation recorded revenues of $1billion during 9 months of 2014.
There was a slight decrease in revenue compared to the same period in 2013, owing to the fact that a large part of deliveries within the aircraft production program 2014 were carried out in the 4th quarter.
Gross margin for the first 9 months of 2014 was 22 percent. Net profit of JSC IRKUT Corporation by the results of 9 months 2014 amounted to $13.5 million.
Net profit margin for 9 months of 2014 amounted to 1.3 percent, which corresponds to the figure for the same period in 2013.
Irkut Corporation announced Wednesday that it is creating MC-21 commercial airliner and the first aircraft for flight and strength tests are in production.
An extensive program of aerodynamic, strength and endurance test have confirmed design solutions...