VSMPO-Avisma RAS net profit falls 1.8% to 19 bln rbl 2018 - Metals & Mining - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

VSMPO-Avisma RAS net profit falls 1.8% to 19 bln rbl 2018

MOSCOW, Mar 4 (PRIME) -- The net profit of Russian titanium giant VSMPO-Avisma fell 1.8% to 18.789 billion rubles in 2018, as calculated under Russian Accounting Standards (RAS), the company said in a report Monday.

Revenue increased 23% to 89.1 billion rubles, gross profit rose 31% to 40.1 billion rubles, and sales profit grew 39.6% to 31.8 billion rubles.

The cost of sales increased 17.1% to 48.97 billion rubles.

Long-term liabilities grew 22.7% to 85.86 billion rubles as of the end of 2018. Short-term liabilities rose 18.7% to 28 billion rubles.

(65.8145 rubles – U.S. $1)

End

04.03.2019 17:57
 
 
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