[lbo-talk] Russian company balanced profits leap 50% in Jan-Apr

Chris Doss lookoverhere1 at yahoo.com
Fri Jun 25 04:43:58 PDT 2004


Jun 25 2004 2:34PM Russian company balanced profits leap 50% in Jan-Apr

MOSCOW. June 25 (Interfax) - Balanced pretax profits at large and mid-sized enterprises and organizations in Russia came to 631.074 billion rubles in January-April ($22.1 billion), a 48.9% year-on-year increase, the Federal State Statistics Committee reported on Friday.

The numbers indicate that 42,600 Russian enterprises turned combined profits of 729.4 billion rubles, while 31,700 others incurred combined losses of 98.3 billion rubles.

The balanced financials for January-April of 2003 (profits less losses) came to 423.760 billion rubles, or $13.5 billion.

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