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LLC Tomsk cable factory increased its net profit by 16% in 2019

29.04.2020

LLC Tomsk cable factory in 2019 increased its net profit by 16%, to 88.506 million rubles

The company's revenue grew up by 11.7%, to 6.253 billion rubles.

Key financial results of Tomskcable (in thousand rubles):

2019

2018

Revenue

6 252 524  

5 595 555  

Cost price

5 627 138  

5 002 322  

Gross profit

625 386

593 233

Sales profit

123 081

120 438

Pretax profit  

111 541

101 693

Net profit

88 506

76 331


In 2019, the company sold cables of our own production for 5.302 billion rubles. Mainly, products were delivered to Russia, as well as to neighboring countries: Kazakhstan, Belarus, Tajikistan, Kyrgyzstan and Mongolia.

Accounts payable of the company increased from 956.611 million rubles at the end of 2018 to 1.39 billion rubles at the end of 2019, accounts receivable - from 320.827 million rubles to 537.475 million rubles.

LLC "Tomskcable" is engaged in cable and wire production; there are more than 200,000 of cable mark sizes in the assortment of the factory. The products are delivered to the large Russian enterprises of the energy, oil and gas, petrochemical, nuclear, construction industries, enterprises of the rolling stock service sectors, metro and social facilities.

Source: https://www.interfax-russia.ru/siberia/news/tomskkabel-v-2019g-uvelichil-chistuyu-pribyl-na-16

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