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Bashfarmation

Company

Content

Financial results
2024 year
Revenue: 1.3 millions Ths. rub
Net Profit: -0.343 millions Ths. rub

Owners

+ Government of the Russian Federation

State Unitary Enterprise "Bashfarmatsiya" - a network of pharmacies and opticians in Bashkortostan.

Performance indicators

2024:43% decrease in revenue to ₽1,3 billion

The net loss of the Bashfarmatsiya pharmacy chain in 2024 amounted to ₽343 million, which was the first negative financial result of the enterprise since 2018. According to reports published in March 2025, the revenue of the state-owned company decreased by 43% and reached ₽1,3 billion against ₽2,3 billion a year earlier.

According to RBC, in 2023 the company showed a minimum profit of ₽136 thousand. The previous time, Bashfarmatsiya reported an annual net loss at the end of 2018, when it amounted to ₽33 million.

The chain of pharmacies "Bashfarmatsiya" for the first time in 6 years received an annual loss

The cost of sales, that is, the totality of expenses for the production and sale of products, in 2024 almost halved - from ₽1,57 billion to ₽867,1 million. At the same time, the company's cash receipts decreased, as well as revenue, by 43% - from ₽2,5 billion to ₽1,4 billion. Most of the revenues are formed by the sale of goods and services - ₽1,1 billion (₽2,2 billion in 2023, a decrease of 50%).

Despite the general decline in financial indicators, employee remuneration expenses for the year increased by 28.4% - from ₽439,9 million to ₽564,7 million. This increase in costs against the background of falling revenue could be one of the factors that influenced the final financial result of the company.

The largest net profit was received by Bashfarmatsiya at the end of 2016 and amounted to ₽72 million. And the highest revenue was recorded in the first year of the coronavirus pandemic - in 2020, turnover reached ₽4,4 billion. Thus, in five years, the company's revenue has more than tripled.

State Unitary Enterprise "Bashfarmatsiya" manages the state network of pharmacies, which operates under the GUP "Gosapteka." The company is engaged in the wholesale and retail sale of medicines and medical devices, the issue of drugs purchased centrally with budgetary funds. Batches of vaccines entering medical institutions of the republic also pass through Bashfarmatsiya.[1]

Notes