YIT trade turnover drops 5%

27 July 2010 (08:57)

The trade turnover of YIT declined by 5%, or down to 1.62 billion RUR this year compared with the year 2009. Still, the company’s pre-tax profit grew by 39% and up to ?54.6m against 2009, the concern’s PR Service in Russia informed the media.

YIT runs a number of regional offices in Russia, including one in Yekaterinburg.

According to the company’s estimates, their trade turnover will go up this year compared with the year 2009; so will their pre-tax profit.

‘It’s obvious that fewer investment homes were built in both Russia and Finland in January-June 2010 against last year. The figures are 375 apartments in Finland and 641 apartments in Russia,’ the company’s PR Service reports.

Other materials on the topic::