Russian Post reported a multiple reduction in losses in 2023. The indicator decreased by 3.8 times and revenue grew by 1.7%. In 2022, the operator’s losses amounted to 27.2 billion rubles; the Federation Council called it a “financial hole” and called for an immediate investigation into the situation.
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The net loss of Russian Post in 2023 decreased by 3.8 times compared to 2022 and amounted to 7.1 billion rubles. This is indicated in the financial statements of the postal operator.
Russian Post revenue increased year-on-year by 1.7% to 212 billion rubles. Revenue from the provision of postal services increased by 0.1% to 152.9 billion rubles, and from activities selling goods – by 6.7% to 26.8 billion rubles.
The director of the Russian Post, Mikhail Volkov, said that in 2023 the operator reduced management costs and digitized some business processes, which made it possible to reach the current financial indicators.
The losses of Russian Post in 2022 were estimated at 27.2 billion rubles. The Federation Council called this a “financial hole” and called for an immediate investigation into the situation.
Author:
Kirill Bilyk
Source: RB
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