Net profit of Metallurgical Industrial Complex of Magnitogorsk goes down by 10.8% in January to June 2006
13 July 2006 (12:54)
The net profit of Metallurgical Industrial Complex of Magnitogorsk JSC has come to 15.525 billion RUR in the first six months of 2006, which is 10.8% less than in January to June 2005 (17.410 billion), says the company’s report. The complex has made 72.3bn RUR within the given period, with the prime cost going up by 2.9% (from 49.654bn to 51.110bn); the company’s pre-tax profit has gone down from 23.122bn to 20.600bn RUR.
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