Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

AvtoVAZ Announced 2 Billion Rubles Net Profit in the First Half Year
12.08.2011 12:09
AvtoVAZ Announced 2 Billion Rubles Net Profit in the First Half Year
Lada Kalina

AvtoVAZ posted a 2 billion ruble ($70 million) net profit to Russian Accounting Standards in the first half of 2011, after a 724 million ruble loss in the same period last year, AvtoVAZ said on Thursday.

The company's first-half revenues rose 41 percent to 82.865 billion rubles, up from 58.762 billion rubles the year before, AvtoVAZ said in a statement.

The car maker's gross profit in the first six months of the year soared almost 200 percent to 12.197 billion rubles up from a 4.165 billion ruble gross profit in the same period last year.

Author: Irina Fomina

Tags: Russian companies Russian business profit cars  

Next Previous

You might also find interesting:

Rosselkhoznadzor Visits Bosnia and Herzegovina
The Bank Of Russia Will Create Its Community Of IT Developers
Sberbank Will Cooperate With Shvabe Holding
German Gref Talked On Russian Rouble
Dollar Exchange Rate May Rise By Three-Five Roubles

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
Russian Literature  Hermitage Museum  Russian tourism  Ulyanovsk  Football  The Ministry of Education and Science  Russian parliament  Exhibitions in Moscow  Russian business  Ozyorny  music  Russian politicians  Kir Bulychev  Sverdlovsk region  Russian Souvenirs  history  Lipetsk   New Acropolis Cultural Centre  blasphemy law  Transportation  Russian history  The Queen  Chernobyl  Azat Agafarov  Moscow  Sergey Konenkov  Moscow Region  VTB Group  Russian religion  Russian International  Painting  Goznak  Arkhyz   Mercedes-Benz Fashion Week Russia  the Altai   Sakhalin  Gazprom  Anzhi Makhachkala  Russian space missions  Archeology  Incidents  Dima Yakovlev Law  Russian Cinema  Internet Zone  Nikita Mndoyants  Victory Day  Kostroma  nuclear physics  Art Exhibitions  Antony Pogorelsky 

Travel Blogs
Top Traveling Sites