VSPMO-Avisma increased profit

In January – June, VSPMO-Avisma increased net profit by RAS by 22.9% to 4.610 billion rubles, and revenue by 12.3% to 25.059 billion rubles. The major factors that promoted growth in revenue were enlargement in commodities dispatch in natural extent, the changes in commodities’ structure, sales prices for the commodities in USD and USD rate. Debit debt reduced from 15.529 billion rubles as on December 31 2013 to 13.018 billion rubles as on June 30 2014.

Translated by Nadezhda Poltoratskaya

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