Dorogobuzh swings to 2.5 bln rbl RAS net profit in Jan–Jun

MOSCOW, Jul 31 (PRIME) -- Russian mineral fertilizer producer Dorogobuzh, part of the Acron group of companies, posted a 2.54 billion ruble net profit in January–June against an 82.7 million ruble loss in the same period of 2018, as calculated under Russian Accounting Standards (RAS), as seen by PRIME in materials of the company on Wednesday.

Revenue went up 13% to 13.2 billion rubles, and the gross profit increased 15% to 5.8 billion rubles. The cost of sales grew 13% to 7.4 billion rubles.

Long-term liabilities of Dorogobuzh decreased 2% in the period to 539.9 million rubles as of the end of June. Short-term liabilities more than tripled to 7.2 billion rubles.

(63.3791 rubles – U.S. $1)

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