Chelyabinsk forge-and-press works makes 74.41% less net profit in the first quarter of 2006 against the fourth quarter of 2005
Chelyabinsk forge-and-press works made 74.41% (33 million RUR) less net profit in the first quarter of 2006 against the fourth quarter of 2005. According to the company’s press release, this is due to a seasonal decrease in demand for their goods and to an increase in the energy carrier prices.
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