Uralelectrotyazhmash-Uralgidromash’s net loss exceeds 22m

19 August 2009 (09:49)

The net loss of Uralelectrotyazhmash-Uralgidromash came to 22,048 million RUR in the first half of 2009, whereas a year earlier, the enterprise was making profit.

The enterprise explains their losses were caused by growing loan payments and smaller revenues coming from the sales of goods the company did not manufacture itself.

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