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    Irkut aircraft maker posts RAS $42.3 mln net profit in 2006

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    MOSCOW, April 3 (RIA Novosti) - Irkut Corporation [RTS: IRKT] said Tuesday its net profit calculated to Russian Accounting Standards (RAS) totaled 1.12 billion rubles (about $42.3 million) in 2006.

    Irkut, one of Russia's largest aerospace holding companies, posted a loss of 725.2 million rubles (about $27.8 million at the current exchange rate) in 2005.

    Sales increased 110%, year on year in 2006 to 16.88 billion rubles (about $649.3 million) and gross profit was up 120% to 6.93 billion rubles (about $266.4 million), the company said.

    Irkut designs, manufactures and sells a wide range of high-tech products, including the Su-30MK multirole combat aircraft and the Be-200 multipurpose amphibious jet.

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