RAS net profit of JSC KRAM for H1 2014 dropped 2.7-fold to RUB 11.166 million from RUB 30.025 million the year before, the company reported.
Revenue decreased by 14.77% to RUB 539.945 million from RUB 633.549 million, sales profit by 20.78% to RUB 58.639 million from RUB 74.022 million, pre-tax profit 2.51-fold to RUB 15.637 million from RUB 39.176 million.
JSC KRAM (Krasny Mayak Yaroslavl Plant, tax number: 7601000022) was established resulting from the privatization of state-owned enterprise Krasny Mayak Yaroslavl Plant in November 1992. Its core business is the manufacture of electromechanical vibrators and asynchronous motors.
According to the DataCapital information retrieval system, RAS net profit of JSC KRAM for Q1 2014 decreased 3.56-fold to RUB 2.541 million from RUB 9.049 million the year before. Revenue decreased by 11.65% to RUB 290.745 million from RUB 329.089 million, sales profit by 18.77% to RUB 23.827 million from RUB 29.331 million, pre-tax profit 2.91 times to RUB 4.249 million from RUB 12.374 million.