Net profit of Chelyabinsk Steel Sheet Plant goes down by 66.7% in third quarter of 2006
1 November 2006 (12:48)
Net profit of Chelyabinsk Steel Sheet Plant went down by 66.7% in the third quarter of 2006. According to the company’s press release, this was effected by the drop in sales and increase in the expenses (including those connected with the growing railroad shipment tariffs). The company’s net profit went down from 7,187,000 RUR in the second quarter to 2,404,000 RUR in the third quarter of 2006 (the decrease amounted to 4,783,000 RUR).
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