Vanadium ore mining and processing enterprise of Kachkanar raises its net profit by 52.4% compared to the fourth quarter of 2005
4 May 2006 (08:54)
Vanadium ore mining and processing enterprise of Kachkanar JSC announces the incidental increase in profit of over 10%. This is due to better sales and higher prices as well as due to the lowering of prime cost. In the first quarter of 2006, the company has raised its net profit by 52.4% compared to the fourth quarter of 2005: it came to 1,050,580,000 RUR.
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