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VSMPO-Avismas’ revenues have topped 18 billion rubles

The VSMPO-Avisma Corporation, PJSC took in 18.033 billion rubles in the first quarter of 2018, an increase of 1% over the same period in 2017.


As the corporation’s press office told RusBusinessNews, net profits (in accordance with Russian Accounting Standards) fell 20% to 4.069 billion rubles. This was due to the change in the balance sheet accounts denominated in foreign currencies and the strengthening of the ruble's exchange rate.