MRSK Urala’s net profit goes down
OAO MRSK Urala, a power supplier, reports its net profit went from 984.75 million RUR in the second quarter of 2010 down to 758.84 million RUR in the third quarter of the year.
The company says the drop in profits was brought about by growing repair expenses and the need to build up bad debt reserves.
The company says the drop in profits was brought about by growing repair expenses and the need to build up bad debt reserves.
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