Cement News tagged under: Rostsement
Rostsement reports RUB20,000 net profit for 201807 January 2019, Published under Cement NewsRostsement saw its revenues increase by 25.6 per cent to RUB49.79m (US$738,982) in 2017 when compared with 2016, when the company reported revenues of RUB39.63m. The Russia-based cement producer turned a net loss of RUB2.26m in 2016 to a profit of RUB20,000 by the end of 2018, according to Info-RL. Cost of goods sold increased by 18.51 per cent to RUB49.09m from RUB41.42m in 2016. Gross profit reached RUB704,000, a considerable improvement on the previous year’s loss of RUB1.79m. Rostsem... |
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