RAS net profit of KMZ for 2012 dropped decreased 19.28-fold to RUB 5.615 million from RUB 108.231 million for 2011, the company informed.
Revenue grew by 3.15% to RUB 4.388 billion from RUB 4.254 billion, sales profit decreased 7.25-fold to RUB 37.255 million from RUB 270.065 million, pre-tax profit 7.33-fold to RUB 21.438 million from RUB 157.064 million.
OJSC Kovrovskiy Mekhanicheskiy Zavod (KMZ, English: Kovrov Mechanical Plant, tax number: 3305004397) established in October 1950 is one of the key enterprises of the nuclear power industry of the Russian Federation successfully meeting the challenges of replenishing the enrichment and sublimation capacities of the country and implementing the nuclear power industry development program.
The enterprise is part of state-owned corporation Rosatom's TVEL Fuel Company.
Net profit (RAS) of OJSC Kovrovskiy Mekhanicheskiy Zavod for Q1 2012 increased 3.26-fold to RUB 85.040 million from RUB 26.059 million for the same period in 2011. Revenue grew by 14.81% to RUB 1.153 billion from RUB 1.004 billion, sales profit 1.59-fold to RUB 109.662 million from RUB 68.776 million.