Uralmashzavod’s net loss drops down to 482.78m

UrBC, Yekaterinburg, August 18, 2010. In the first half of 2010, the revenues of OAO Uralmashzavod decreased by 285.82 million RUR and amounted to 1,699,337,000 RUR against 1,983,331,000 RUR a year earlier, the plant’s report states.
The greatest drop in revenues (by 163.57 million RUR) was felt in the oil and gas drilling machinery sector.
On the other hand, the company’s net loss went down to 482.78 million RUR.