RSC Energia reports 25% revenue growth, returns to net profit for 2017

by Peter B. de Selding

PARIS — Russian space hardware builder RSC Energia reported a sharp rebound in revenue and profit for 2017, saying its performance bested all over Russian space companies.

After recent comments by new Roscosmos Director-General Dmitry Rogozin suggesting that another large Russian space technology company, Khrunichev State Research and Production Space Center, is still hobbled by debt, the Energia results offer a sharp contrast.

At its June 30 annual meeting, Energia reported a net profit in 2017 of 1.23 billion rubles on revenue of 42.37 billion rubles ($735 . . .

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