The IQ 2014 net losses at Motovilikhinskie Plants moved down 9% to come to 445.993mln rub. from 490.059mln rub. prior year, the company informed.
The revenues increased 35.56% to 503.209mln rub. from 371.219mln rub.; losses from sales being halved to 186.28mln rub. from 426.885mln rub.; pretax losses - 0.38% to 527.464mln rub. from 529.494mln rub.
The Plant (TIN 5906009273) keeps metallurgic complex and engineering divisions for the production of the equipment used in the oil/gas sector, building and military spheres in line with the defense-oriented Rosoboronexport.
The 9-month 2013 net losses (RAS) moved up 4.2 fold to 1.436bn rub. from 342.013mln rub. in profit; revenues declined 2.7 fold to 1.552bn rub.
from 4.194bn rub.; losses from sales gained 840.123mln rub. vs. 393.724mln rub. in profit; pretax losses rose 4.05 fold to 1.436bn rub. from 354.702mln rub.