PROFIT OF AGRICULTURAL ORGANIZATIONS. GROWTH IN 2 TIMES

Financial results of agricultural organizations in Russia. For the first quarter of 2021, the net financial result (profit minus loss) of agricultural organizations (without SMP) in current prices amounted to 128.3 billion rubles.

In comparison with Q1 2020, the profit and loss balance increased by 96.4%.

In general, for Q1 2021, agricultural organizations made a profit of 151.8 billion rubles, although unprofitable enterprises spoiled the figure by 23.5 billion rubles.

In the first quarter of 2021/2020, profit increased by 74.6%. The rate of losses grew less dynamically and amounted to 8.8%. @agrorisk