Ural Railway Machine-Building Plant’s net profit goes down 12.898%
22 May 2009 (07:47)
The net profit of Ural Railway Machine-Building Plant went down by 128.464 million RUR, or 12.898% in the first quarter of 2009 (from 996,000 RUR worth of net profit in the last quarter of 2008 to 127.468 RUR worth of net loss in the first quarter of 2009).
The plant reports the decrease in profits has to do with increased non-sales expenses, that is, growing U.S. dollar exchange rate.
The plant reports the decrease in profits has to do with increased non-sales expenses, that is, growing U.S. dollar exchange rate.
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