In January-March Uralelectromed, a part of UMMC, decreased net profits 7.7-fold YoY, to 103.28 million rubles.
The company earnings increased by 10.9%, to 6.835 billion rubles, with the manufacturing cost price up by 26.3%, to 5.479 billion rubles.
The main foreign customers of UEM are Germany, Switzerland and Iran. The company share on the Russian market is 40%. (Ukrainian metal)