Russia: Electrostal profits in Q2 2018
In April-June the Electrostal Metallurgical Works received net profit of 54.7 million rubles as opposed to 562 million rubles of net losses in Q1. Still, in half a year the company saw the net loss of 507.06 million rubles (158 million rubles of net profit in H1 2017). Revenue in 6 months dropped by 6%…