In Q1, Uralelectromed reduced revenue and made a loss

In Q1, Uralelectromed made a loss of 129.23 million rubles compared to net profit of 305 million rubles in Q1 2013. However, under the annual accounting, in 2013 the company made a net loss of 150 million rubles compared to net profit of 3.79 billion rubles in 2012. Revenue reduced by 16% to 4.56 billion rubles.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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