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Russian Companies Face Profit Drop Amidst Rising Bankruptcies
Russian companies faced a 17.2% drop in net profit during the first ten months of 2024, alongside a 26.1% rise in corporate bankruptcies during the first three quarters of the year, prompting a call for strategic financial overhauls and deeper cost analysis, according to Rosstat and Interfax.
Russian Companies Face Profit Drop Amidst Rising Bankruptcies
Russian companies faced a 17.2% drop in net profit during the first ten months of 2024, alongside a 26.1% rise in corporate bankruptcies during the first three quarters of the year, prompting a call for strategic financial overhauls and deeper cost analysis, according to Rosstat and Interfax.
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