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:

Russia will Get its Cheese Valley
Russian Companies Give Pessimistic Forecasts for International Trade
Running Small Businesses in Moscow and St. Petersburg is Becoming Less Profitable
The Demand for Fast-casual Format of Eateries is Growing
Russian Barista Robot Attracted More Investments

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
odd news  Buryatia  Russian media  Russia international  Irkutsk  Mercedes-Benz Fashion Week Russia  Pavel Krusanov  Kizhi  Tula  Russian academy of sciences  Russian regions  travel to Russia  Exhibitions in Moscow  Kabardino-Balkaria  The Romanov Family  Nikolai Garin-Mikhailovsky  Education and Science Minister  Red Route Project  Christmas  Russian Orthodox Church  Turkic world  Russian Actresses  budget  Svetoslav Roerich  Flakon design factory  David Satter  Teacher  airline  Ivan Kramskoi  Russian business  Russian tourism  satellite  Ust-Buotama  Novgorod Region  Book Hotels in Saint Petersburg   Russian Cinema  Organ  Moscow Museum of Modern Art  Russian rouble  Taisiya Osipova  Veronica Basharatyan  Kirov Region  City Hunter  Open Look Festival  Moscow  Festivals in Moscow  Fabio Capello  Russian Academy of Sciences  Tuva  St. Petersburg 

Travel Blogs
Top Traveling Sites