Sibsteklo in the first half of the year increased revenue by 28 percent

Siberian Glass LLC (part of RATM Holding) received 2.9 billion rubles in the first half of 2022. revenue, which is 28 percent higher than the same period last year.

According to Uniservice Capital, Sibstekl's equity capital as of June 30, 2022 was RUB 845.9 million. - by 129.2 million rubles. more than in the first half of 2021. Accounts receivable for the same period increased by 97%, accounts payable - by 42%. “There have been no significant changes in the production and operating activities of the company, and the situation is stabilizing: prices have been fixed, foreign players, who previously announced that they would stop bottling drinks under foreign brands, are increasing the production of regional brands of products,” Uniservice Capital noted.

Earlier, the press service of RATM Holding reported that in the first half of the year the production of container glass at the enterprise increased to 135.9 thousand tons (+27%) and 401.6 thousand pieces. (+32%).

Sibsteklo is the largest manufacturer of glass containers beyond the Urals, specializing in the manufacture of colorless and colored container glass. In 2021, the plant received revenue in the amount of 5 billion rubles, net profit amounted to 250.5 million rubles.

Source: https://www.kommersant.ru/

Siberian Glass LLC is a member of the Association StekloSouz of Russia.