Investment activity and financial results of medical enterprises: intermediate results for 2019

Abstract

The analysis of investment activity and financial results of enterprises producing irradiation and electrotherapy equipment was carried out according to the data of state statistical reports of Form No. P-2 «Information on investments in non-financial assets» and Form No. P-3 «Information on financial condition of the organization».Investments in fixed capital of enterprises of various economy sectors by type of activity with the OKVED2 code 26.6: «Manufacture of irradiation and electrotherapeutic equipment used in medicine» in the first half of 2019 in Russia amounted to 525.243 million rubles, which is 2.63 times higher than the previous year. At the same time the share of medical industry enterprises with the OKVED2 code 26.6 in the total volume of investments was at the level of 126.22%, which testifies to the fact that in the reporting period the trend for the redistribution of investments by enterprises of the industry in favor of the increase in investments in other (non-core) types of activities was observed.The financial state is the most important characteristic of the economic activity of the industry’s enterprises, which determines its economic attractiveness. As a result of the economic activity in the first half of 2019 the enterprises of the industry of medical products with the OKVED2 code 26.6: «Manufacture of irradiation and electrotherapeutic equipment used in medicine» received revenues from the sale of products, works and services in the amount of 12.203 billion rubles, which is 1.14 times higher than the previous year. In the first half of 2019, as compared to the previous year, the industry’s enterprises increased their sales profit 1.26 times and profit before tax 1.23 times, while the sales profitability increased by 1.31 points accordingly.