20 July 200908:45

Mayo manufacturer’s net profit goes down 15.15%

The net profit of Yekaterinburg’s oil and mayonnaise producing company decreased by 40.373 million RUR, or 15.15% (from 266.552 million RUR to 226.179 million RUR) over the accounting business period. The enterprise reports the drop in profits has been brought about by rising raw stuff prices.

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Oil plant’s net profit goes down 42%

The net profit of Yekaterinburg’s oil plant decreased by 95.677 million RUR, or 42.2%, that is, from 226.615 million RUR down to 130.938 million RUR. However, the company does not explain whether this drop occurred over a period of one quarter or one year. The oil plant says their drop in net profit has to do with shrinking sales.

12 April 201016:41

NLMK’s metal goods plant’s net profit plunges 650.82%

According to the financial report of NLMK’s Nizhneserginskiy metal goods plant (complied in accordance with the Russian Accounting Standards), the enterprise’s net profit plunged by 650.82% in 2009. The plant’s sales revenues decreased by 46.82% last year and reached 19.3 million RUR, whereas its gross profit came to 1.9 million RUR. ‘The decrease in revenues and gross profits in the fourth quarter of 2009 in particular in the year 2009 in general by 23% and 46%, respectively, was brought about by reduced sales volumes and decreasing selling prices. This, in its turn, was caused by the

12 April 201016:41

VIZ-Stal’s net profit goes down 73.59%

According to the steel manufacturer’s financial report (complied in accordance with the Russian Accounting Standards), VIZ-Stal’s net profit plummeted by 73.59% last year compared with the year 2008. The company’s revenues decreased 51.8% in 2009. The enterprise’s gross profit amounted to 1.6 million RUR in the last quarter of 2009 and to 4.9 million RUR by the end of last year. ‘A little downfall in the company’s financial performance in the fourth quarter of 2009 had to do with the reduced average selling prices, even though the sales volumes did go up a bit. Also, our administrative

02 August 201016:41

Uralneft’s net profit drops 20.94%

OAO Uralneft reports its net profit declined by 20.94%: the figure came to 18.93 million RUR over the current financial period, whereas in the previous financial period, the net profit amounted to 22.89 million RUR, the company says. Uralneft does not specify, however, what exactly the term ‘financial period’ stands for. The enterprise explains the decrease in net profit was brought about by shrinking sales of goods and services.

14 October 201016:41

Uralfinprombank’s net profit drops 77%

UrBC, Yekaterinburg, October 13, 2010. The net profit of OAO Uralfinprombank decreased by 15.483 million RUR, or 77% in the third quarter of 2010, namely, from 20.046 million RUR in the second quarter of the year down to 4.563 million RUR in the third quarter. The bank explains this drop in profits had to do with the need to build up on the possible bad debt reserves.