Corporate Profits

Corporate profits measure the net income of corporations after taxes have been deducted, and are important for investing purposes, as higher than expected or rising corporate profits can attract inflows of capital on a global basis, and therefore increase the demand for assets denominated in local currencies.
This in economic theory should also have a positive impact on the local currency of a country showing large corporate profits, increasing the demand and value of its currency over time. Corporates profits are monitored as an important economic indicator because they are associated with earnings and sales, plus consumer spending and capital investment.
Extreme figures of corporate profits are unsustainable over time, while modest to moderate corporate profits growth rate figures are more sustainable reflecting also a robust economy. Corporate profits can be affected by the corporate tax rate and mainly by the economic cycle of the economy, as in times of recessions the corporate profits are expected to be low or even maybe negative.
In Russia Corporate profits  decreased by 5.3 percent year-on-year to RUB 8471.7 billion in January-October of 2017 from RUB 8944.6 billion in the same period a year ago. Corporate Profits in Russia averaged 4257.08 RUB Billion from 2010 until 2017, reaching an all-time high of 11587.70 RUB Billion in December of 2016 and a record low of -224 RUB Billion in January of 2015. Corporate Tax Rate in Russia was recorded at 20.00 percent in year 2017, and the forecast is for an increase reaching 21.00 percent in year 2018.
The was an increase for the latest release of corporate profits in Russia released in December 2017 with a figure of Ruble 8.5 Trillion, higher than the previous figure of Ruble 7.4 Trillion. Also there is a strong upward trend for the corporate profits in Russia in year 2017, which is positive for the economy and the Russian Ruble.