Balanced profit of Bashkiria enterprises increased by 1.4 percent in January-May

UFA, 22 July 2016. /Bashinform News Agency, Olesya Seregina/. Large and medium-sized enterprises of Bashkortostan in January-May of the current year received a profit (balanced financial result) in the amount of 70.3 billion rubles. This is 1.4 percent more than the comparable figure of 2015, according to Bashkortostan Statistics Agency. Statistical research did not include small businesses, banks, insurance and state-owned organizations.

The share of unprofitable enterprises increased from 22.3 percent to 24.4 percent, the amount of loss reduced by more than seven times - to 7.8 billion rubles.

At the end of April this year overdue payables of large and medium-sized companies totaled 23.9 billion rubles (four percent of the total sum). The overdue accounts receivable were 39.3 billion rubles (9.1 percent of the total debt).