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News Wire / economy

Russian Silicon Carbide Producer Reports Profit Drop

Business FM Russia Moscow 9d Impact 5
The Observing Plant reported a net profit of 1.6 million rubles for the January-March period, a 60-fold decrease compared to the same period last year. Revenue fell 30% to 1 billion rubles according to a company report.

Topics

manufacturing sanctions profit loss

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Sources · 7 independent

Business FM Russia

“Наблюдающий Завод в январе-марте получил чистую прибыль в размере 1,6 миллиона рублей, что в 60 раз меньше, чем за аналогичный период прошлого года, говорит в отчете компания.”

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