Russia: UEM profits in January-September 2019
In January-September Uralelectromed received 656.2 million rubles of net profit as opposed to 294.4 million rubles of net loss in 9 months of 2018. Revenue grew by 20.3%, to 35.5 billion rubles, while gross profit dropped by 22.6%, to 3.7 billion rubles. Accounts receivable totaled 5.5 billion rubles as opposed to 5.3 billion rubles last…