OAO Magnit’s net profit drops 10.89%

The net profit of OAO Magnit amounted to 175.65 million RUR in the third quarter of 2010, whereas in the previous quarter, the figure came to 197.1 million RUR.

The company explains the decrease in profits has to do with audit services-related expenses and an overhaul given to the organization’s immovable assets.


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