VSMPO-Avisma RAS net profit falls 0.9% to 8.7 bln rbl in Jan–Jun

MOSCOW, Jul 26 (PRIME) -- The net profit of Russian titanium giant VSMPO-Avisma fell 0.9% on the year to 8.716 billion rubles in January–June, as calculated under Russian Accounting Standards (RAS), the company said in a report Thursday.

Revenue increased 5.7% to 38.282 billion rubles.

Titanium sales grew almost 6% to 15,000 tonnes in the period.

(63.0836 rubles – U.S. $1)

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