In Q1, Uralelectromed reduced revenue and made a loss
Edited by Rhod Mackenzie / 2014-05-23 10:22:08
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.
