Russian Sea swings to 452 million rubles profit in 2013
SEAFOODNEWS.COM [SCOM] - April 23, 2014 -
Russian Sea posted net profit of 452 million rubles in 2013 versus a net loss of 102.3 million rubles in 2012.
"The financial results of the Group for 2013 confirm the correctness of the late 2012 decision to withdraw from unprofitable production of finished fish products through the sale this segment and further development of the group in the other two segments: distribution of chilled and frozen fish and aquaculture", said CEO Dmitry Dangauer . That sales transaction was closed on 28 February 2013.
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