MINSK, 29 January (BelTA) – The Belarusian State Authority for Military Industry posted Br270.6 million in net profit in 2020. The performance of the State Authority for Military Industry last year is reviewed at a meeting with the participation of Prime Minister Roman Golovchenko, BelTA has learned.
In 2020, all the companies affiliated with the State Authority for Military Industry reported profits. Net profit was Br270.6 million, or 39.6% above the target.
Innovative products accounted for 26.5% of the total volume of shipped industrial products, which was two times above the target.
Industrial output reached Br1247.8 million in 2020.
Return on sales stood at 16.8% while the target was 14%.
The companies affiliated with the State Authority for Military Industry used Br74.2 million in capital investment (24% above the target).
The average salary in the organizations of the State Authority for Military Industry increased by 6.2% to make up Br1719.7.
Фото Андрея Покумейко
