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Uralvagonszavod-Finance’s net profit plummets 93.71%

22.04.2009

The net profit of Uralvagonzavod-Finance went down by 164,000 RUR, or 93.71% in the first quarter of 2009, that is, from 175,000 RUR in October-December 2008 to 11,000 RUR in January-March 2009.

The company reports this drop in net profits has to do with increased outgoings.

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