Novorostsement first-half net profit increases

Novorostsement first-half net profit increases
Published: 10 October 2011

OJSC Novorostsement’s 1H11 net profit rose 5.41-fold to RUB916.210m from RUB169.119m for the same period in 2010, the company reported.

Revenue increased 41.88% to RUB4.604bn from RUB3.244bn, the sales profit 3.34-fold to RUB1.24bn from RUB371.557m.