Business

Aeroflot's half-year net profit down 80% to $14 mln

© www.aeroflot-nord.ru

Aeroflot's half-year net profit down 80% to $14 mln

17:46 29/10/2009

Russia's flagship air carrier Aeroflot announced on Thursday that its net profit under International Financial Reporting Standards declined 80%, year-on-year, in January-June to $14.1 million.

Russian truck maker KamAZ posts $60 mln half-year net loss
16:08 29/10/2009
Russia's largest truck producer, KamAZ, announced on Thursday net losses under International Financial Reporting Standards of 1.8 billion rubles ($60 million) in January-June 2009.
Alrosa's diamond sales hit $1.73 bln in January-October
14:06 29/10/2009
Alrosa, Russia's largest diamond miner, said on Thursday it sold diamonds worth $1.73 billion in January-October 2009.
Russia's top bank to cut refinance rate to 9.5% p.a. Oct. 30
12:54 29/10/2009
Russia's Central Bank said on Thursday it would cut its key lending rate by 0.5 percentage points to 9.5% per annum from October 30, following a slowdown in consumer price growth.
Russian oil giant LUKoil posts 92% net profit decline in Q3
12:10 29/10/2009
Russia's largest independent oil producer LUKoil said on Thursday its net profit calculated under Russian Accounting Standards fell 92%, quarter-on-quarter, in July-September 2009 to 1.76 billion rubles ($59 million).
Russia's international reserves up $5.9 bln to $429.3 bln in week
10:34 29/10/2009
Russia's international reserves comprising gold, foreign exchange and a range of other assets grew by $5.9 billion to $429.3 billion in the week of October 16 - October 23, the Central Bank said on Thursday.
Industrial exhibition Expo-Russia Armenia opens in Yerevan
05:30 29/10/2009
The second Russian industrial exhibition entitled Expo-Russia Armenia will be held in Yerevan October 29-31.

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