UWC says IFRS net loss triples to 18.8 bln rbl in 2022

MOSCOW, Sep 8 (PRIME) -- The net loss of Russian rail car producer United Wagon Company (UWC) almost tripled on the year to 18.8 billion ruble in 2022, as calculated under International Financial Reporting Standards (IFRS), the company said in a report Friday.

Revenue decreased by 39.8% to 41.9 billion rubles, operating losses almost quadrupled to 11.4 billion rubles.

(98.1961 rubles – U.S. $1)

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