Maxi Group sells fewer goods in January-September 2008

According to the enterprise’s report (compiled in accordance with the Russian Accounting Standards), Maxi Group’s consolidated revenues resulting from sales came to 39.6 billion RUR in January-September 2008, which is 80.6% better than a year earlier. The company’s net profit reached 3.9 billion RUR, which exceeds the figures for a year earlier by 6.4%.

At the same time, because the enterprise started producing more high value-added goods and due to the market’s changing needs, Maxi Group sold only 464,000 tons of steel feed and 113,000 tons of metalware, which falls short of the figures for January-September 2007 by 38% and 51%, respectively.


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