PUBLIC JOINT-STOCK COMPANY "SIBUR HOLDING" reduced semi-annual net profit on RSBU by 4,5 times

Reporting companies PUBLIC JOINT-STOCK COMPANY "SIBUR HOLDING" for the first half of the year 2023 showed decrease in net profit on 4,5 times to 47,4 billion rubles on RSBU. However the revenue decreased by only 7% to 460 billion rubles. Cost of sales grew by 8,5% to 317,3 billion rubles that led to reduction of gross profit by 29% to 142,8 billion rubles. The profit on sales decreased by 40% to 104 billion rubles because of growth of business and management expenses. Though the income from participation in other organizations grew by 4 times to 34,1 billion rubles, growth of expenses and decrease in the other income led to decrease in profit to...