Uralburmash’s net profit declines 12-fold in 2011

Uralburmash made 913,000 RUR worth of net profit (calculated in accordance with the Russian Accounting Standards) in 2011, which was 11.8 times less than in 2010, the company’s report states.

The enterprise’s revenues rose by 5.7% and came to 821.26m RUR, Interfax-Ural reports.


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