Sayanskkhimplast

Performance indicators

2024: 100-fold profit cut to ₽20,73 million

Net profit of Sayanskhimplast JSC in 2024 decreased by more than 100 times and amounted to ₽20,73 million. In 2023, the figure exceeded ₽2 billion. The revenue of the largest Russian manufacturer of polyvinyl chloride during the reporting period decreased by 8.6% and reached ₽23,307 billion. The corresponding data are reflected in the company's financial statements under RAS, published in April 2025.

According to Interfax, the cost of production of Sayanskkhimplast decreased by 1.7% to ₽17,97 billion. At the same time, the company's gross profit fell by 26% and amounted to ₽5,33 billion, and profit from sales decreased 5.5 times - to ₽574,55 million.

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Фото: Freepik

At the same time, other expenses of the enterprise in the reporting year increased 1.7 times and reached ₽453,6 million.

In the comments to the financial statements, Sayanskhimplast notes that the utilization of production facilities for the production of polyvinyl chloride in 2024 amounted to 92.9%, which is higher than in 2023 (84.2%). Despite the increase in loading, production was constrained by infrastructure restrictions - it was difficult to deliver goods to customers in a timely manner due to the high load of the Eastern landfill of Russian Railways.

The company presented a forecast according to which, against the background of tightening mortgage policy and a possible decrease in the number of new projects in construction, the demand for polyvinyl chloride in 2025 will be lower than in 2024.

Sayanskkhimplast JSC supplies polyvinyl chloride to more than 80 consumers, most of whom are located in Russia.

For comparison, in 2023 the company received a net profit under RAS in the amount of ₽2,088 billion with revenue of ₽25,499 billion.

Sayanskkhimplast JSC specializes in the production of polyvinyl chloride, which is widely used for the manufacture of structural, construction and insulation materials. The company is a key supplier of this raw material in the Russian market.^[1]

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