Russia: VSMPO-Avisma RAS net profit up in Q1 2019
The net profit of the Russian titanium giant VSMPO-Avisma soared by 70%, to 6.996 billion rubles in January-March, as calculated under Russian Accounting Standards (RAS), the company said. Revenue increased by 13.6%, to 20.486 billion rubles, and gross profit by 3%, to 7.289 billion rubles. The pretax profit grew by 70%, to 8.737 billion rubles.…