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6-month RAS net loss of Kazancompressormash up 2.3 times

RAS net loss of Kazan Compressor Machine Building Plant OJSC for H1 2014 grew 2.33-fold to RUB 253.138 million from RUB 108.722 million the year before, the company reported.

Revenue decreased by 29.77% to RUB 647.267 million from RUB 921.687 million, sales loss increased 3.68-fold to RUB 284.183 million from RUB 77.313 million, loss before tax 2.43 times to RUB 311.375 million from RUB 127.988 million.

Kazan Compressor Machine Building Plant OJSC (Kazancompressormash, tax number: 1660004878) specializes in the production of screw-type and centrifugal compressors and gas liquefaction facilities based on them, for virtually all gases in the industry. The factory's goods are delivered to integrated metallurgical enterprises, fuel and energy enterprises, and chemical companies. Gazprom is its strategic customer.

According to the DataCapital information retrieval system, RAS net loss of Kazancompressormash for Q1 2014 grew by 54.32% to RUB 100.14 million from RUB 64.89 million the year before. Revenue decreased 2.06-fold to RUB 299.504 million from RUB 617.563 million, sales loss increased by 33.81% to RUB 110.746 million from RUB 82.761 million, loss before tax by 9.19% to RUB 120.878 million from RUB 110.7 million.

"AK&M", 07.08.2014


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