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 RUSSIA IN FACTS
17 May 2004 11:26
POWER MACHINES REDUCES RAS NET 19% IN 2003
MOSCOW. May 17 (Interfax) - The Silovye mashiny or Power Machines concern reduced net profits audited to Russian standards (RAS) 19% year- on-year to 56.07 million rubles in 2003 from 69.339 million rubles in 2002, the company said on its web-site. 2003 2002 Revenues 1488234 1761012 Cost of sales 602745 683791 Operating profit 255288 175155 Profit before tax 69458 91190 Net profit 56070 69339 Power Machines core financials (RAS), '000 rubles: The Interros holding company and its partners and companies acting on behalf of Interros own Power machines.
[Interfax]
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